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REVENUE
6 Months Ended
Jul. 01, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUEDisaggregation 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 1, 2023
AmericasEuropeAsiaCorporate Total
Product type
Watches:
     Traditional watches$108,875 $59,411 $65,889 $1,927 $236,102 
     Smartwatches8,443 5,263 4,073 — 17,779 
Total watches$117,318 $64,674 $69,962 $1,927 $253,881 
Leathers20,963 4,986 7,373 — 33,322 
Jewelry6,223 15,380 5,755 — 27,358 
Other2,147 3,239 1,033 986 7,405 
Consolidated$146,651 $88,279 $84,123 $2,913 $321,966 
Timing of revenue recognition
Revenue recognized at a point in time $146,496 $88,084 $84,009 $2,638 $321,227 
Revenue recognized over time 155 195 114 275 739 
Consolidated$146,651 $88,279 $84,123 $2,913 $321,966 

For the 13 Weeks Ended July 2, 2022
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$118,736 $70,436 $69,524 $— $258,696 
      Smartwatches15,377 10,261 7,783 — 33,421 
Total watches$134,113 $80,697 $77,307 $— $292,117 
Leathers22,593 5,320 8,034 — 35,947 
Jewelry9,260 18,639 6,031 — 33,930 
Other2,306 3,235 1,210 2,423 9,174 
Consolidated$168,272 $107,891 $92,582 $2,423 $371,168 
Timing of revenue recognition
Revenue recognized at a point in time $167,899 $107,690 $92,441 $1,058 $369,088 
Revenue recognized over time 373 201 141 1,365 2,080 
Consolidated$168,272 $107,891 $92,582 $2,423 $371,168 
For the 26 Weeks Ended July 1, 2023
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$200,231 $131,215 $128,155 $1,927 $461,528 
      Smartwatches20,933 11,885 9,361 — 42,179 
Total watches$221,164 $143,100 $137,516 $1,927 $503,707 
Leathers48,074 11,758 13,753 — 73,585 
Jewelry11,642 33,880 10,880 — 56,402 
Other3,703 5,214 2,110 2,281 13,308 
Consolidated$284,583 $193,952 $164,259 $4,208 $647,002 
Timing of revenue recognition
Revenue recognized at a point in time $284,259 $193,568 $164,036 $3,658 $645,521 
Revenue recognized over time 324 384 223 550 1,481 
Consolidated$284,583 $193,952 $164,259 $4,208 $647,002 
For the 26 Weeks Ended July 2, 2022
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$234,638 $151,584 $133,887 $13 $520,122 
      Smartwatches32,649 22,947 15,808 71,406 
Total watches$267,287 $174,531 $149,695 $15 $591,528 
Leathers41,829 12,689 15,614 — 70,132 
Jewelry17,195 39,775 11,656 — 68,626 
Other3,888 5,447 2,385 5,015 16,735 
Consolidated$330,199 $232,442 $179,350 $5,030 $747,021 
Timing of revenue recognition
Revenue recognized at a point in time $329,493 $231,991 $179,049 $2,222 $742,755 
Revenue recognized over time 706 451 301 2,808 4,266 
Consolidated$330,199 $232,442 $179,350 $5,030 $747,021 
Contract Balances. As of July 1, 2023, 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) $0.7 million and $0.8 million as of July 1, 2023 and December 31, 2022, respectively, related to remaining performance obligations on licensing income, (ii) $1.8 million and $3.7 million as of July 1, 2023 and December 31, 2022, respectively, primarily related to remaining performance obligations on wearable technology products and (iii) $2.6 million and $3.1 million as of July 1, 2023 and December 31, 2022, respectively, related to gift cards issued.