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REVENUE
9 Months Ended
Sep. 28, 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 September 28, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
     Traditional watches$93,935 $74,162 $55,151 $— $223,248 
     Smartwatches3,997 (265)236 — 3,968 
Total watches$97,932 $73,897 $55,387 $— $227,216 
Leathers14,186 3,561 6,199 — 23,946 
Jewelry7,273 17,528 6,658 — 31,459 
Other1,942 2,067 734 455 5,198 
Consolidated$121,333 $97,053 $68,978 $455 $287,819 
Timing of revenue recognition
Revenue recognized at a point in time $121,243 $96,912 $68,861 $455 $287,471 
Revenue recognized over time 90 141 117 — 348 
Consolidated$121,333 $97,053 $68,978 $455 $287,819 
For the 13 Weeks Ended September 30, 2023
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$113,611 $72,941 $66,103 $28 $252,683 
      Smartwatches7,352 5,927 4,034 — 17,313 
Total watches$120,963 $78,868 $70,137 $28 $269,996 
Leathers20,815 6,201 5,993 — 33,009 
Jewelry8,797 19,892 5,928 — 34,617 
Other2,034 2,705 995 765 6,499 
Consolidated$152,609 $107,666 $83,053 $793 $344,121 
Timing of revenue recognition
Revenue recognized at a point in time $152,469 $107,479 $82,936 $518 $343,402 
Revenue recognized over time 140 187 117 275 719 
Consolidated$152,609 $107,666 $83,053 $793 $344,121 

For the 39 Weeks Ended September 28, 2024
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$260,586 $186,918 $156,393 $— $603,897 
      Smartwatches14,677 1,834 4,726 — 21,237 
Total watches$275,263 $188,752 $161,119 $— $625,134 
Leathers49,857 11,703 17,135 — 78,695 
Jewelry19,418 43,218 19,286 — 81,922 
Other6,397 6,952 2,173 1,420 16,942 
Consolidated$350,935 $250,625 $199,713 $1,420 $802,693 
Timing of revenue recognition
Revenue recognized at a point in time $350,637 $250,174 $199,370 $1,420 $801,601 
Revenue recognized over time 298 451 343 — 1,092 
Consolidated$350,935 $250,625 $199,713 $1,420 $802,693 
For the 39 Weeks Ended September 30, 2023
AmericasEuropeAsiaCorporate Total
Product type
Watches:
      Traditional watches$313,842 $204,156 $194,259 $1,955 $714,212 
      Smartwatches28,285 17,812 13,395 — 59,492 
Total watches$342,127 $221,968 $207,654 $1,955 $773,704 
Leathers68,889 17,959 19,746 — 106,594 
Jewelry20,439 53,773 16,808 — 91,020 
Other5,736 7,918 3,104 3,047 19,805 
Consolidated$437,191 $301,618 $247,312 $5,002 $991,123 
Timing of revenue recognition
Revenue recognized at a point in time $436,727 $301,047 $246,971 $4,177 $988,922 
Revenue recognized over time 464 571 341 825 2,201 
Consolidated$437,191 $301,618 $247,312 $5,002 $991,123 
Contract Balances. As of September 28, 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 September 28, 2024 and December 30, 2023, respectively, related to remaining performance obligations on licensing income, (ii) $0.9 million and $1.7 million as of September 28, 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 September 28, 2024 and December 30, 2023, respectively, related to gift cards issued.