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REVENUE
6 Months Ended
Jun. 29, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
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 June 29, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
     Traditional watches$87,945 $55,624 $50,519 $— $194,088 
     Smartwatches5,526 538 2,328 — 8,392 
Total watches93,471 56,162 52,847 — 202,480 
Leathers18,151 3,738 5,277 — 27,166 
Jewelry5,526 12,211 6,462 — 24,199 
Other2,436 2,741 613 356 6,146 
Consolidated$119,584 $74,852 $65,199 $356 $259,991 
Timing of revenue recognition
Revenue recognized at a point in time $119,484 $74,703 $65,087 $356 $259,630 
Revenue recognized over time 100 149 112 — 361 
Consolidated$119,584 $74,852 $65,199 $356 $259,991 
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 26 Weeks Ended June 29, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$166,650 $112,757 $101,242 $— $380,649 
      Smartwatches10,680 2,099 4,490 — 17,269 
Total watches$177,330 $114,856 $105,732 $— $397,918 
Leathers35,670 8,143 10,936 — 54,749 
Jewelry12,146 25,689 12,628 — 50,463 
Other4,455 4,884 1,440 965 11,744 
Consolidated$229,601 $153,572 $130,736 $965 $514,874 
Timing of revenue recognition
Revenue recognized at a point in time $229,393 $153,263 $130,511 $965 $514,132 
Revenue recognized over time 208 309 225 — 742 
Consolidated$229,601 $153,572 $130,736 $965 $514,874 
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 
Contract Balances. As of June 29, 2024, the Company had no material contract assets on the Company's condensed consolidated balance sheets and no deferred contract costs. The Company had (i) no contract liabilities as of June 29, 2024 and December 30, 2023, respectively, related to remaining performance obligations on licensing income, (ii) $1.2 million and $1.7 million as of June 29, 2024 and December 30, 2023, respectively, primarily related to remaining performance obligations on wearable technology products and (iii) $2.2 million and $2.7 million as of June 29, 2024 and December 30, 2023, respectively, related to gift cards issued.