Deferred Revenue of Membership Upgrade Sales and Deferred Commission Expense

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Deferred Revenue of Membership Upgrade Sales and Deferred Commission Expense

The components of the change in deferred revenue from membership upgrades and deferred commission expense were as follows:

	As of
(amounts in thousands)	2022		2021
Deferred revenue - upfront payments from membership upgrade sales as of December 31,	$	163,957	$	138,878
Membership upgrade sales(1)	34,661		36,270
Revenue recognized from membership upgrade sales upfront payments	(12,958)		(11,191)
Net increase in deferred revenue - upfront payments from membership grade sales(1)	21,703		25,079
Deferred revenue - upfront payments from membership upgrade sales as of December 31,(2)	$	185,660	$	163,957
Deferred commission expense as of December 31,	$	47,349	$	42,471
Deferred commission expense	7,193		8,657
Commission expense recognized	(4,101)		(3,779)
Net increase in deferred commission expense(1)	3,092		4,878
Deferred commission expense as of December 31,	$	50,441	$	47,349

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(1)We present membership upgrade sales and related commissions on a net basis in the Consolidated Statements of Income and Comprehensive Income.

(2)Included in Deferred membership revenue on the Consolidated Balance Sheet.