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Revenues
3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Revenues Revenues
Revenue Recognition

Revenues are recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. The majority of our revenues are recognized over time as services are performed, with certain revenues being recognized at a point in time.

We have changed our revenue disaggregation to Subscription Services and Skills and Other to better reflect the nature and timing of revenue and cash flows. Subscription Services includes revenues from our Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, and Busuu offerings. Skills and Other includes revenues from our Skills, advertising services, print textbooks and eTextbooks offerings. We no longer present our Required Materials product line separately as we no longer have significant revenue from our print textbook and eTextbooks offerings.
The following table sets forth our total net revenues for the periods shown disaggregated for our Subscription Services and Skills and Other product lines (in thousands, except percentages):
 Three Months Ended
March 31,
Change
 20232022$%
Subscription Services$168,440 $173,037 $(4,597)(3)%
Skills and Other19,161 29,207 (10,046)(34)
Total net revenues$187,601 $202,244 $(14,643)(7)

During the three months ended March 31, 2023 and 2022, we recognized revenues of $39.1 million and $30.9 million, respectively, that were included in our deferred revenue balance at the beginning of each respective reporting period.

Contract Balances

The following table presents our accounts receivable, net, contract assets and deferred revenue balances (in thousands, except percentages):
 Change
 March 31,
2023
December 31, 2022$%
Accounts receivable, net$22,000 $23,515 $(1,515)(6)%
Contract assets11,505 11,946 (441)(4)
Deferred revenue58,568 56,273 2,295 

During the three months ended March 31, 2023 our accounts receivable, net balance decreased by $1.5 million, or 6%, primarily due to timing of billings and seasonality of our business. During the three months ended March 31, 2023, our contract assets balance decreased by $0.4 million, or 4%, primarily due to our Thinkful service. During the three months ended March 31, 2023, our deferred revenue balance increased by $2.3 million, or 4%, primarily due to timing of bookings and seasonality of our business.