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Revenue Recognition (Tables)
6 Months Ended
Jul. 03, 2022
Revenue Recognition [Abstract]  
Summary of disaggregation of revenue

The following table includes estimated revenues expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) at the end of the reporting period ended July 3, 2022.

 

(in thousands)

Next twelve
months from
July 3, 2022

 

 

Future periods

 

Membership, registration fees, and House Introduction Credits

$

77,593

 

 

$

24,440

 

Total future revenues

$

77,593

 

 

$

24,440

 

The following table provides information about contract receivables, contract assets and contract liabilities from contracts with customers:

 

 

 

As of

 

(in thousands)

 

July 3, 2022

 

 

January 2, 2022

 

Contract receivables

 

$

34,633

 

 

$

19,338

 

Contract assets

 

 

5,987

 

 

 

5,553

 

Contract liabilities

 

 

129,081

 

 

 

113,630