Revenue Recognition (Tables)

12 Months Ended

Dec. 31, 2021

The following table presents the Company's revenue disaggregated by major category and operating and reportable segment (in thousands):


	Year Ended December 31, 2021
	Topgolf		Golf Equipment		Apparel, Gear & Other		Total
Venues	$	1,014,106	$	—	$	—	$	1,014,106
Other business lines	73,565		—		—		73,565
Golf clubs	—		994,479		—		994,479
Golf balls	—		234,696		—		234,696
Apparel	—		—		490,872		490,872
Gear, accessories & other	—		—		325,729		325,729
	$	1,087,671	$	1,229,175	$	816,601	$	3,133,447


	Year Ended December 31, 2020
	Golf Equipment		Apparel, Gear & Other		Total


Golf clubs	$	787,072	$	—	787,072
Golf balls	195,603		—		195,603
Apparel	—		349,272		349,272
Gear, accessories & other	—		257,513		257,513
	$	982,675	$	606,785	$	1,589,460


	Year Ended December 31, 2019
	Golf Equipment		Apparel, Gear & Other		Total


Golf clubs	$	768,310	$	—	$	768,310
Golf balls	210,863		—		210,863
Apparel	—		410,712		410,712
Gear, accessories & other	—		311,178		311,178
	$	979,173	$	721,890	$	1,701,063

The Company sells its golf equipment products and apparel, gear and accessories in the United States and internationally, with its principal international regions being Japan and Europe. On a regional basis, sales of golf equipment are generally higher than sales of apparel gear and other in most regions other than Europe, which has a higher concentration of apparel, gear and other sales as a result of Jack Wolfskin, which is headquartered in Germany. Venues revenue is higher in the United States, as Topgolf has more domestic venues than international. Other business lines revenue is predominantly in the United States and Europe.

The following table summarizes revenue by geographical areas in which the Company operates (in thousands):


	Years Ended December 31,
	2021		2020		2019
Revenue by Major Geographic Region:
United States	$	2,067,070	$	778,600	$	788,232
Europe	499,533		372,957		428,628
Japan	243,848		212,055		246,260
Rest of world	322,996		225,848		237,943
	$	3,133,447	$	1,589,460	$	1,701,063

Sales Returns and Allowances

The following table provides a reconciliation of the activity related to the Company’s sales return reserve (in thousands):


	Year Ended December 31,
	2021		2020		2019
Beginning balance	$	43,986	$	29,043	$	24,522
Provision	91,007		106,178		95,094
Sales returns	(87,634)		(91,235)		(90,573)

Ending balance	$	47,359	$	43,986	$	29,043