XML 36 R12.htm IDEA: XBRL DOCUMENT
v3.20.4

Revenue | 12 Months Ended
--- | ---
Jan. 02, 2021
Revenue From Contract With Customer [Abstract] |
Revenue |
5. | Revenue
Revenue Recognition Revenues are recognized when control of the promised services or goods is transferred to the Company’s customers, in an amount that reflects the consideration it expects to be entitled to in exchange for those services or goods. See Note 2 for further information on the Company’s revenue recognition policies. The following table presents the Company’s revenues disaggregated by revenue source:
| Fiscal Year Ended |
| January 2, | December 28, |  |  | December 29, |
| 2021 | 2019 |  |  | 2018 |
Digital Subscription Revenues | $ | 743,060 |  |  | $ | 609,996 |  |  | $ | 567,767 |
Workshops + Digital Fees |  | 443,429 |  |  |  | 597,270 |  |  |  | 705,429 |
Subscription Revenues, net | $ | 1,186,489 |  |  | $ | 1,207,266 |  |  | $ | 1,273,196 |
Product sales and other, net |  | 191,635 |  |  |  | 206,071 |  |  |  | 240,925 |
Revenues, net | $ | 1,378,124 |  |  | $ | 1,413,337 |  |  | $ | 1,514,121 |
The following tables present the Company’s revenues disaggregated by revenue source and segment:
| Fiscal Year Ended January 2, 2021 |
| North |  |  | Continental |  |  | United |  |  |  |  |  |  |  |  |
| America |  |  | Europe |  |  | Kingdom |  |  | Other |  |  | Total |
Digital Subscription Revenues | $ | 484,471 |  |  | $ | 207,978 |  |  | $ | 33,919 |  |  | $ | 16,692 |  |  | $ | 743,060 |
Workshops + Digital Fees |  | 329,885 |  |  |  | 67,201 |  |  |  | 33,283 |  |  |  | 13,060 |  |  |  | 443,429 |
Subscription Revenues, net | $ | 814,356 |  |  | $ | 275,179 |  |  | $ | 67,202 |  |  | $ | 29,752 |  |  | $ | 1,186,489 |
Product sales and other, net |  | 127,744 |  |  |  | 38,201 |  |  |  | 17,185 |  |  |  | 8,505 |  |  |  | 191,635 |
Revenues, net | $ | 942,100 |  |  | $ | 313,380 |  |  | $ | 84,387 |  |  | $ | 38,257 |  |  | $ | 1,378,124 |
| Fiscal Year Ended December 28, 2019 |
| North |  |  | Continental |  |  | United |  |  |  |  |  |  |  |  |
| America |  |  | Europe |  |  | Kingdom |  |  | Other |  |  | Total |
Digital Subscription Revenues | $ | 401,890 |  |  | $ | 167,008 |  |  | $ | 26,898 |  |  | $ | 14,200 |  |  | $ | 609,996 |
Workshops + Digital Fees |  | 446,576 |  |  |  | 87,962 |  |  |  | 44,145 |  |  |  | 18,587 |  |  |  | 597,270 |
Subscription Revenues, net | $ | 848,466 |  |  | $ | 254,970 |  |  | $ | 71,043 |  |  | $ | 32,787 |  |  | $ | 1,207,266 |
Product sales and other, net |  | 130,836 |  |  |  | 38,263 |  |  |  | 23,514 |  |  |  | 13,458 |  |  |  | 206,071 |
Revenues, net | $ | 979,302 |  |  | $ | 293,233 |  |  | $ | 94,557 |  |  | $ | 46,245 |  |  | $ | 1,413,337 |
| Fiscal Year Ended December 29, 2018 |
| North |  |  | Continental |  |  | United |  |  |  |  |  |  |  |  |
| America |  |  | Europe |  |  | Kingdom |  |  | Other |  |  | Total |
Digital Subscription Revenues | $ | 378,678 |  |  | $ | 149,571 |  |  | $ | 25,557 |  |  | $ | 13,961 |  |  | $ | 567,767 |
Workshops + Digital Fees |  | 522,372 |  |  |  | 107,528 |  |  |  | 52,676 |  |  |  | 22,853 |  |  |  | 705,429 |
Subscription Revenues, net | $ | 901,050 |  |  | $ | 257,099 |  |  | $ | 78,233 |  |  | $ | 36,814 |  |  | $ | 1,273,196 |
Product sales and other, net |  | 146,201 |  |  |  | 47,226 |  |  |  | 28,839 |  |  |  | 18,659 |  |  |  | 240,925 |
Revenues, net | $ | 1,047,251 |  |  | $ | 304,325 |  |  | $ | 107,072 |  |  | $ | 55,473 |  |  | $ | 1,514,121 |
Information about Contract Balances For Subscription Revenues, the Company typically collects payment in advance of providing services. Any amounts collected in advance of services being provided are recorded in deferred revenue. In the case where amounts are not collected, but the service has been provided and the revenue has been recognized, the amounts are recorded in accounts receivable. The opening and ending balances of the Company’s deferred revenues are as follows:
|  | Deferred |  |  | Deferred |
|  | Revenue |  |  | Revenue-Long Term |
Balance as of December 28, 2019 |  | $ | 60,613 |  |  | $ | 54 |
Net decrease during the period |  |  | (10,138 | ) |  |  | (10 | )
Balance as of January 2, 2021 |  | $ | 50,475 |  |  | $ | 44 |
Revenue recognized from amounts included in current deferred revenue as of December 28, 2019 was $60,555 for the fiscal year ended January 2, 2021. The Company’s long-term deferred revenue, which is included in other liabilities on the Company’s consolidated balance sheet, had a balance of $44 and $54 at January 2, 2021 and December 28, 2019, respectively, for revenue that will not be recognized during the next fiscal year and is generally related to upfront payments received as an inducement for entering into certain sales-based royalty agreements with third party licensees. This revenue is amortized on a straight-line basis over the term of the applicable agreement. Accounting Policy Elections The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company expenses sales commissions when incurred (amortization period would have been one year or less) and these expenses are recorded within selling, general and administrative expenses. The Company treats shipping and handling fees as fulfillment costs and not as a separate performance obligation, and as a result, any fees received from customers are included in the transaction price allocated to the performance obligation of providing goods with a corresponding amount accrued within cost of product sales and other for amounts paid to applicable carriers. Sales tax, value-added tax, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration