DEFERRED REVENUE

12 Months Ended

Dec. 31, 2016

Deferred Revenue Disclosure [Abstract]

Deferred revenue consists of the following (in thousands):



	December 31,
	2016		2015
Payments owed or received prior to product delivery	$	22,943	$	28,811
Club O membership fees and reward points	8,958		13,094
In store credits	4,391		4,451
Unredeemed gift cards	4,304		3,375
Other	1,184		1,213
Total deferred revenue	$	41,780	$	50,944

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

+ References + Details