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Revenue
 12 Months Ended
Jan. 01, 2022
Revenue From Contract With Customer [Abstract]  
Revenue

5.

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. 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 1,

January 2,

 

 

December 28,

 

 

2022

2021

 

 

2019

 

Digital Subscription Revenues

$

788,173

 

 

$

743,060

 

 

$

609,996

 

Workshops + Digital Fees

 

274,866

 

 

 

443,429

 

 

 

597,270

 

Subscription Revenues, net

$

1,063,039

 

 

$

1,186,489

 

 

$

1,207,266

 

Product sales and other, net

 

149,424

 

 

 

191,635

 

 

 

206,071

 

Revenues, net

$

1,212,463

 

 

$

1,378,124

 

 

$

1,413,337

 

 

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

 

 

Fiscal Year Ended January 1, 2022

 

 

North

 

 

Continental

 

 

United

 

 

 

 

 

 

 

 

 

 

America

 

 

Europe

 

 

Kingdom

 

 

Other

 

 

Total

 

Digital Subscription Revenues

$

504,152

 

 

$

228,296

 

 

$

36,347

 

 

$

19,378

 

 

$

788,173

 

Workshops + Digital Fees

 

210,076

 

 

 

36,707

 

 

 

18,709

 

 

 

9,374

 

 

 

274,866

 

Subscription Revenues, net

$

714,228

 

 

$

265,003

 

 

$

55,056

 

 

$

28,752

 

 

$

1,063,039

 

Product sales and other, net

 

100,569

 

 

 

32,907

 

 

 

10,764

 

 

 

5,184

 

 

 

149,424

 

Revenues, net

$

814,797

 

 

$

297,910

 

 

$

65,820

 

 

$

33,936

 

 

$

1,212,463

 

 

 

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

 

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 December 28, 2019

 

$

60,613

 

 

$

54

 

Net decrease during the period

 

 

(10,138

)

 

 

(10

)

Balance as of January 2, 2021

 

$

50,475

 

 

$

44

 

Net decrease during the period

 

 

(4,620

)

 

 

(16

)

Balance as of January 1, 2022

 

$

45,855

 

 

$

28

 

 

Revenue recognized from amounts included in current deferred revenue as of January 2, 2021 was $50,385 for the fiscal year ended January 1, 2022. 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 its consolidated balance sheet, had a balance of $28 and $44 at January 1, 2022 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.