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REVENUE
 6 Months Ended
Jul. 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):

July 2,
2022		January 1,
2022
Accounts receivable, net$94,251 $109,530 
Contract liabilities$(9,552)$(20,761)

For the six months ended July 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 EndedSix Months Ended
July 2,
2022		July 3,
2021		July 2,
2022		July 3,
2021
Net Sales by Channel
Wholesale$195,195 $160,784 $332,861 $281,564 
Direct-to-consumer224,847 196,883 380,809 323,657 
Total net sales$420,042 $357,667 $713,670 $605,221 
Net Sales by Category
Coolers & Equipment$193,415 $157,801 $296,373 $251,259 
Drinkware216,070 192,882 400,068 341,761 
Other10,557 6,984 17,229 12,201 
Total net sales$420,042 $357,667 $713,670 $605,221 
Net Sales by Geographic Region(1)
United States$371,918 $322,042 $628,171 $543,781 
International48,124 35,625 85,499 61,440 
Total net sales$420,042 $357,667 $713,670 $605,221 
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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 both the three and six months ended July 2, 2022, our largest single customer represented approximately 12% of gross sales. For both the three and six months ended July 3, 2021, no single customer represented over 10% of gross sales.