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REVENUE
 3 Months Ended
Apr. 02, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Contract Balances

Accounts receivable represent an unconditional right to receive consideration from a customer and are recorded at net invoiced amounts, less an estimated allowance for doubtful accounts.

Contract liabilities are recorded when the customer pays consideration before the transfer of a good to the customer and thus represent our obligation to transfer the good to the customer at a future date. Our contract liabilities relate to advance cash deposits received from customers for certain customized product orders. As products are shipped and control transfers, we recognize contract liabilities as revenue.

The following table provides information about accounts receivable and contract liabilities at the periods indicated (in thousands):

April 2, 2022January 1,
2022
Accounts receivable, net$82,992 $109,530 
Contract liabilities$(10,151)$(20,761)

For the three months ended April 2, 2022, we recognized $20.8 million of revenue that was previously included in the contract liability balance at the beginning of the period.

Disaggregation of Revenue

The following table disaggregates our net sales by channel, product category, and geography (based on end-consumer location) for the periods indicated (in thousands):
Three Months Ended
April 2,
2022		April 3,
2021
Net Sales by Channel
Wholesale$137,666 $120,780 
Direct-to-consumer155,962 126,774 
Total net sales$293,628 $247,554 
Net Sales by Category
Coolers & Equipment$102,958 $93,458 
Drinkware183,998 148,879 
Other6,672 5,217 
Total net sales$293,628 $247,554 
Net Sales by Geographic Region(1)
United States$256,253 $221,739 
International37,375 25,815 
Total net sales$293,628 $247,554 
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(1) Prior period net sales by geographic region have been reclassified to align with current year presentation which is based on end-consumer location.
For the three months ended April 2, 2022, our largest single customer represented approximately 11% of gross sales. For the three months ended April 3, 2021, no single customer represented over 10% of gross sales.