Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

The activity in the Company’s capitalized contract costs for commissions (which are included in “other current assets” and “other assets, net of current portion” on the Consolidated Balance Sheets) consist of the following (in thousands):


	Balance at beginning of period		Expense recognized		Additions to contract cost for new activity		Balance at end of period
Year Ended December 31, 2018	$	3,532	$	(1,229)	$	1,445	$	3,748

Schedule of Allowances Against Accounts and Notes Receivable

The activity in the Company’s allowances against accounts and notes receivable consists of the following (in thousands):


	Balance at beginning of period		Additions/charges to cost and expense for allowances for doubtful accounts		Deductions/write-offs		Balance at end of period
Year Ended December 31, 2018	$	7,223	$	2,257	$	(1,500)	$	7,980
Year Ended December 31, 2017, as adjusted*		6,458		1,109		(344)		7,223
Year Ended December 31, 2016, as adjusted*		5,406		1,195		(143)		6,458

*See Note 3, Revenue for more information.

Annual dues

Schedule of contract liability

The activity in the Company’s deferred revenue for annual dues is included in “Deferred revenue” and “Deferred revenue, net of current portion” on the Consolidated Balance Sheets, and consists of the following in aggregate (in thousands):


	Balance at beginning of period		New billings		Revenue recognized(a)		Balance at end of period
Year Ended December 31, 2018	$	15,297	$	36,474	$	(35,894)	$	15,877

(a)

Revenue recognized related to the beginning balance was $14.0 million for the year ended December 31, 2018.

(b)

Franchise sales revenue

Schedule of contract liability

The activity in the Company’s franchise sales deferred revenue accounts consists of the following (in thousands):


	Balance at beginning of period		New billings		Revenue recognized(a)		Balance at end of period
Year Ended December 31, 2018	$	27,943	$	8,732	$	(9,115)	$	27,560

(a)

Revenue recognized related to the beginning balance was $7.4 million for the year ended December 31, 2018.