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Revenue
12 Months Ended
Dec. 31, 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
 
    
December 31,
2022
    
January 1,
2022
    
January 2,
2021
 
Digital Subscription Revenues
   $ 662,668      $ 788,173      $ 743,060  
Workshops + Digital Fees
     256,387        274,866        443,429  
  
 
 
    
 
 
    
 
 
 
Subscription Revenues, net
   $ 919,055      $ 1,063,039      $ 1,186,489  
Product sales and other, net
     121,801        149,424        191,635  
  
 
 
    
 
 
    
 
 
 
Revenues, net
   $ 1,040,856      $ 1,212,463      $ 1,378,124  
  
 
 
    
 
 
    
 
 
 
 
 
The following tables present the Company’s revenues disaggregated by revenue source and segment:
 
    
Fiscal Year Ended December 31, 2022
 
    
North America
    
International
    
Total
 
Digital Subscription Revenues
   $ 436,148      $ 226,520      $ 662,668  
Workshops + Digital Fees
     204,115        52,272        256,387  
  
 
 
    
 
 
    
 
 
 
Subscription Revenues, net
   $ 640,263      $ 278,792      $ 919,055  
Product sales and other, net
     88,116        33,685        121,801  
  
 
 
    
 
 
    
 
 
 
Revenues, net
   $ 728,379      $ 312,477      $ 1,040,856  
  
 
 
    
 
 
    
 
 
 
 
    
Fiscal Year Ended January 1, 2022
 
    
North America
    
International
    
Total
 
Digital Subscription Revenues
   $ 504,152      $ 284,021      $ 788,173  
Workshops + Digital Fees
     210,076        64,790        274,866  
  
 
 
    
 
 
    
 
 
 
Subscription Revenues, net
   $ 714,228      $ 348,811      $ 1,063,039  
Product sales and other, net
     102,190        47,234        149,424  
  
 
 
    
 
 
    
 
 
 
Revenues, net
   $ 816,418      $ 396,045      $ 1,212,463  
  
 
 
    
 
 
    
 
 
 
 
    
Fiscal Year Ended January 2, 2021
 
    
North America
    
International
    
Total
 
Digital Subscription Revenues
   $ 484,471      $ 258,589      $ 743,060  
Workshops + Digital Fees
     329,886        113,543        443,429  
  
 
 
    
 
 
    
 
 
 
Subscription Revenues, net
   $ 814,357      $ 372,132      $ 1,186,489  
Product sales and other, net
     131,950        59,685        191,635  
  
 
 
    
 
 
    
 
 
 
Revenues, net
   $ 946,307      $ 431,817      $ 1,378,124  
  
 
 
    
 
 
    
 
 
 
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 were as follows:
 
    
Deferred
Revenue
    
Deferred
Revenue-Long Term
 
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  
Net (decrease) increase during the period
     (13,699      332  
  
 
 
    
 
 
 
Balance as of December 31, 2022
   $ 32,156      $ 360  
  
 
 
    
 
 
 
Revenue recognized from amounts included in current deferred revenue as of January 1, 2022 was $45,678 for the fiscal year ended December 31, 2022. 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. The Company’s long-term deferred revenue, which is included in other liabilities on its consolidated balance sheet, represents 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.