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Revenue
12 Months Ended
Dec. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue
5.
Revenue

Revenues are recognized when control of the promised services or goods is transferred to the Company’s customers in an amount that reflects the consideration it expects to be entitled to in exchange for those services or goods. See Note 2 for further information on the Company’s revenue recognition policies.

The following table presents the Company’s revenues disaggregated by revenue source:

 

Fiscal Year Ended

 

 

December 30,

December 31,

 

 

January 1,

 

 

2023

2022

 

 

2022

 

Digital Subscription Revenues

$

571,074

 

 

$

662,668

 

 

$

786,563

 

Workshops + Digital Fees

 

221,139

 

 

 

256,387

 

 

 

274,866

 

Clinical Subscription Revenues

 

30,542

 

 

 

 

 

 

 

Subscription Revenues, net

$

822,755

 

 

$

919,055

 

 

$

1,061,429

 

Product sales and other, net

 

66,796

 

 

 

120,780

 

 

 

149,736

 

Revenues, net

$

889,551

 

 

$

1,039,835

 

 

$

1,211,165

 

 

Segment information for the fiscal years ended December 31, 2022 and January 1, 2022 presented below has been updated to reflect the fiscal 2023 reportable segment structure. The following tables present the Company’s revenues disaggregated by revenue source and segment:

 

Fiscal Year Ended December 30, 2023

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

374,004

 

 

$

197,070

 

 

$

571,074

 

Workshops + Digital Fees

 

179,054

 

 

 

42,085

 

 

 

221,139

 

Clinical Subscription Revenues

 

30,542

 

 

 

 

 

 

30,542

 

Subscription Revenues, net

$

583,600

 

 

$

239,155

 

 

$

822,755

 

Product sales and other, net

 

54,596

 

 

 

12,200

 

 

 

66,796

 

Revenues, net

$

638,196

 

 

$

251,355

 

 

$

889,551

 

 

 

Fiscal Year Ended December 31, 2022

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

436,148

 

 

$

226,520

 

 

$

662,668

 

Workshops + Digital Fees

 

204,115

 

 

 

52,272

 

 

 

256,387

 

Subscription Revenues, net

$

640,263

 

 

$

278,792

 

 

$

919,055

 

Product sales and other, net

 

87,095

 

 

 

33,685

 

 

 

120,780

 

Revenues, net

$

727,358

 

 

$

312,477

 

 

$

1,039,835

 

 

 

 

Fiscal Year Ended January 1, 2022

 

 

North America

 

 

International

 

 

Total

 

Digital Subscription Revenues

$

502,866

 

 

$

283,697

 

 

$

786,563

 

Workshops + Digital Fees

 

210,076

 

 

 

64,790

 

 

 

274,866

 

Subscription Revenues, net

$

712,942

 

 

$

348,487

 

 

$

1,061,429

 

Product sales and other, net

 

102,502

 

 

 

47,234

 

 

 

149,736

 

Revenues, net

$

815,444

 

 

$

395,721

 

 

$

1,211,165

 

 

Information about Contract Balances

For Subscription Revenues, the Company can collect payment in advance of providing services. Any amounts collected in advance of services being provided are recorded in deferred revenue. In the case where amounts are not collected, but the service has been provided and the revenue has been recognized, the amounts are recorded in accounts receivable. The opening and ending balances of the Company’s deferred revenues were as follows:

 

 

Deferred

 

 

Deferred

 

 

 

Revenue

 

 

Revenue-Long Term

 

Balance as of January 1, 2022

 

$

45,855

 

 

$

28

 

Net (decrease) increase during the period

 

 

(13,699

)

 

 

332

 

Balance as of December 31, 2022

 

$

32,156

 

 

$

360

 

Net increase (decrease) during the period

 

 

1,810

 

 

 

(195

)

Balance as of December 30, 2023

 

$

33,966

 

 

$

165

 

 

Revenue recognized from amounts included in current deferred revenue as of December 31, 2022 was $32,156 for the fiscal year ended December 30, 2023. Revenue recognized from amounts included in current deferred revenue as of January 1, 2022 was $45,678 for the fiscal year ended December 31, 2022. The Company’s long-term deferred revenue, which is included in other liabilities on its consolidated balance sheet, represents revenue that will not be recognized during the next 12 months and is generally related to upfront payments received as an inducement for entering into certain sales-based royalty agreements with third-party licensees. This revenue is amortized on a straight-line basis over the term of the applicable agreement.