REVENUE

6 Months Ended

Jul. 04, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue. The Company's revenue disaggregated by major product category and timing of revenue recognition was as follows (in thousands):



	For the 13 Weeks Ended July 4, 2020
	Americas		Europe		Asia		Corporate		Total
Product type
Watches	$	84,474	$	62,188	$	62,832	$	5	$	209,499
Leathers	17,381		5,027		4,146				26,554
Jewelry	2,670		11,395		1,141				15,206
Other	1,224		935		1,129		4,462		7,750
Consolidated	$	105,749	$	79,545	$	69,248	$	4,467	$	259,009

Timing of revenue recognition
Revenue recognized at a point in time	$	105,156	$	79,218	$	69,085	$	2,364	$	255,823
Revenue recognized over time	593		327		163		2,103		3,186
Consolidated	$	105,749	$	79,545	$	69,248	$	4,467	$	259,009



	For the 13 Weeks Ended June 29, 2019
	Americas		Europe		Asia		Corporate		Total
Product type
Watches	$	185,131	$	114,471	$	113,624	$	59	$	413,285
Leathers	33,637		9,229		9,764		—		52,630
Jewelry	1,642		18,425		719		—		20,786
Other	2,697		4,957		2,168		4,870		14,692
Consolidated	$	223,107	$	147,082	$	126,275	$	4,929	$	501,393

Timing of revenue recognition
Revenue recognized at a point in time	$	222,365	$	146,728	$	126,083	$	2,427	$	497,603
Revenue recognized over time	742		354		192		2,502		3,790
Consolidated	$	223,107	$	147,082	$	126,275	$	4,929	$	501,393



	For the 27 Weeks Ended July 4, 2020
	Americas		Europe		Asia		Corporate		Total
Product Type
Watches	$	203,748	$	160,086	$	155,575	$	16	$	519,425
Leathers	45,371		14,457		14,033				73,861
Jewelry	6,693		28,902		2,827				38,422
Other	2,854		4,350		3,000		7,815		18,019
Consolidated	$	258,666	$	207,795	$	175,435	$	7,831	$	649,727

Timing of revenue recognition
Revenue recognized at a point in time	$	257,442	$	207,138	$	175,073	$	3,855	$	643,508
Revenue recognized over time	1,224		657		362		3,976		6,219
Consolidated	$	258,666	$	207,795	$	175,435	$	7,831	$	649,727



	For the 26 Weeks Ended June 29, 2019
	Americas		Europe		Asia		Corporate		Total
Product Type
Watches	$	333,448	$	230,723	$	215,230	$	62	$	779,463
Leathers	64,389		20,586		21,559		—		106,534
Jewelry	10,818		39,175		1,953		—		51,946
Other	4,821		9,876		4,432		9,589		28,718
Consolidated	$	413,476	$	300,360	$	243,174	$	9,651	$	966,661

Timing of revenue recognition
Revenue recognized at a point in time	$	412,066	$	299,645	$	242,789	$	3,599	$	958,099
Revenue recognized over time	1,410		715		385		6,052		8,562
Consolidated	$	413,476	$	300,360	$	243,174	$	9,651	$	966,661

Contract Balances. As of July 4, 2020, the Company had no material contract assets on the Company's condensed consolidated balance sheets and no deferred contract costs. The Company had contract liabilities of (i) $11.9 million and $13.4 million as of July 4, 2020 and December 28, 2019, respectively, related to remaining performance obligations on licensing income, (ii) $4.6 million and $5.3 million as of July 4, 2020 and December 28, 2019, respectively, primarily related to remaining performance obligations on wearable technology products and (iii) $4.1 million and $3.3 million as of July 4, 2020 and December 28, 2019, respectively, related to gift cards issued.