Revenue

12 Months Ended

Jan. 02, 2021

Revenue From Contract With Customer [Abstract]

Revenue

5. Revenue

Revenue Recognition

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
	January 2,		December 28,		December 29,
	2021		2019		2018
Digital Subscription Revenues	$	743,060	$	609,996	$	567,767
Workshops + Digital Fees		443,429		597,270		705,429
Subscription Revenues, net	$	1,186,489	$	1,207,266	$	1,273,196
Product sales and other, net		191,635		206,071		240,925
Revenues, net	$	1,378,124	$	1,413,337	$	1,514,121

The following tables present the Company’s revenues disaggregated by revenue source and segment:

	Fiscal Year Ended January 2, 2021
	North		Continental		United
	America		Europe		Kingdom		Other		Total
Digital Subscription Revenues	$	484,471	$	207,978	$	33,919	$	16,692	$	743,060
Workshops + Digital Fees		329,885		67,201		33,283		13,060		443,429
Subscription Revenues, net	$	814,356	$	275,179	$	67,202	$	29,752	$	1,186,489
Product sales and other, net		127,744		38,201		17,185		8,505		191,635
Revenues, net	$	942,100	$	313,380	$	84,387	$	38,257	$	1,378,124

	Fiscal Year Ended December 28, 2019
	North		Continental		United
	America		Europe		Kingdom		Other		Total
Digital Subscription Revenues	$	401,890	$	167,008	$	26,898	$	14,200	$	609,996
Workshops + Digital Fees		446,576		87,962		44,145		18,587		597,270
Subscription Revenues, net	$	848,466	$	254,970	$	71,043	$	32,787	$	1,207,266
Product sales and other, net		130,836		38,263		23,514		13,458		206,071
Revenues, net	$	979,302	$	293,233	$	94,557	$	46,245	$	1,413,337

	Fiscal Year Ended December 29, 2018
	North		Continental		United
	America		Europe		Kingdom		Other		Total
Digital Subscription Revenues	$	378,678	$	149,571	$	25,557	$	13,961	$	567,767
Workshops + Digital Fees		522,372		107,528		52,676		22,853		705,429
Subscription Revenues, net	$	901,050	$	257,099	$	78,233	$	36,814	$	1,273,196
Product sales and other, net		146,201		47,226		28,839		18,659		240,925
Revenues, net	$	1,047,251	$	304,325	$	107,072	$	55,473	$	1,514,121

Information about Contract Balances

For Subscription Revenues, the Company typically collects 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 are as follows:

	Deferred			Deferred
	Revenue			Revenue-Long Term
Balance as of December 28, 2019	$	60,613		$	54
Net decrease during the period		(10,138	)		(10	)
Balance as of January 2, 2021	$	50,475		$	44

Revenue recognized from amounts included in current deferred revenue as of December 28, 2019 was $60,555 for the fiscal year ended January 2, 2021. The Company’s long-term deferred revenue, which is included in other liabilities on the Company’s consolidated balance sheet, had a balance of $44 and $54 at January 2, 2021 and December 28, 2019, respectively, for revenue that will not be recognized during the next fiscal year 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.

Accounting Policy Elections

The Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected length of one year or less. The Company expenses sales commissions when incurred (amortization period would have been one year or less) and these expenses are recorded within selling, general and administrative expenses. The Company treats shipping and handling fees as fulfillment costs and not as a separate performance obligation, and as a result, any fees received from customers are included in the transaction price allocated to the performance obligation of providing goods with a corresponding amount accrued within cost of product sales and other for amounts paid to applicable carriers. Sales tax, value-added tax, and other taxes the Company collects concurrent with revenue-producing activities are excluded from revenue.