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Revenue
 3 Months Ended
Apr. 03, 2021
Revenue From Contract With Customer [Abstract]  
Revenue

4.

Revenue

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.

The following table presents the Company’s revenues disaggregated by revenue source:

 

 

Three Months Ended

 

 

April 3,

 

 

March 28,

 

 

2021

 

 

2020

 

Digital Subscription Revenues

$

206,062

 

 

$

174,545

 

Workshops + Digital Fees

 

73,758

 

 

 

150,112

 

Subscription Revenues, net

$

279,820

 

 

$

324,657

 

Product sales and other, net

 

51,976

 

 

 

75,704

 

Revenues, net

$

331,796

 

 

$

400,361

 

 

The following tables present the Company’s revenues disaggregated by revenue source and segment:

 

 

Three Months Ended April 3, 2021

 

 

North

 

 

Continental

 

 

United

 

 

 

 

 

 

 

 

 

 

America

 

 

Europe

 

 

Kingdom

 

 

Other

 

 

Total

 

Digital Subscription Revenues

$

132,090

 

 

$

58,915

 

 

$

9,809

 

 

$

5,248

 

 

$

206,062

 

Workshops + Digital Fees

 

54,904

 

 

 

10,940

 

 

 

5,169

 

 

 

2,745

 

 

 

73,758

 

Subscription Revenues, net

$

186,994

 

 

$

69,855

 

 

$

14,978

 

 

$

7,993

 

 

$

279,820

 

Product sales and other, net

 

34,321

 

 

 

12,041

 

 

 

4,089

 

 

 

1,525

 

 

 

51,976

 

Revenues, net

$

221,315

 

 

$

81,896

 

 

$

19,067

 

 

$

9,518

 

 

$

331,796

 

 

 

Three Months Ended March 28, 2020

 

 

North

 

 

Continental

 

 

United

 

 

 

 

 

 

 

 

 

 

America

 

 

Europe

 

 

Kingdom

 

 

Other

 

 

Total

 

Digital Subscription Revenues

$

116,349

 

 

$

46,638

 

 

$

7,576

 

 

$

3,982

 

 

$

174,545

 

Workshops + Digital Fees

 

112,843

 

 

 

21,519

 

 

 

11,129

 

 

 

4,621

 

 

 

150,112

 

Subscription Revenues, net

$

229,192

 

 

$

68,157

 

 

$

18,705

 

 

$

8,603

 

 

$

324,657

 

Product sales and other, net

 

54,514

 

 

 

11,833

 

 

 

6,323

 

 

 

3,034

 

 

 

75,704

 

Revenues, net

$

283,706

 

 

$

79,990

 

 

$

25,028

 

 

$

11,637

 

 

$

400,361

 

 

 

Information about Contract Balances

For Subscription Revenues, the Company can collect 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 January 2, 2021

 

$

50,475

 

 

$

44

 

Net decrease during the period

 

 

(459

)

 

 

(18

)

Balance as of April 3, 2021

 

$

50,016

 

 

$

26

 

 

Revenue recognized from amounts included in current deferred revenue as of January 2, 2021 was $45,275 for the three months ended April 3, 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 $26 and $44 at April 3, 2021 and January 2, 2021, 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.