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Revenue Recognition
9 Months Ended
Jun. 30, 2022
Revenue From Contract With Customer [Abstract]  
Revenue Recognition

2.   Revenue Recognition

Substantially all of our revenue is derived through the sale of merchandise at the point-of-sale. Revenue is recognized net of estimated sales returns and sales taxes. We estimate sales returns based on historical data.

Changes to our contract liabilities, which are included in accrued liabilities in our condensed consolidated balance sheets, for the periods were as follows (in thousands):

 

 

 

 

 

 

Nine Months Ended June 30,

 

 

 

 

 

 

 

2022

 

 

2021

 

Beginning Balance

 

 

 

 

 

$

16,744

 

 

$

13,947

 

Loyalty points and gift cards issued but not redeemed, net of estimated breakage

 

 

5,195

 

 

 

11,950

 

Revenue recognized from beginning liability

 

 

(8,132

)

 

 

(9,391

)

Ending Balance

 

 

 

 

 

$

13,807

 

 

$

16,506

 

See Note 10, Segment Reporting, for additional information regarding the disaggregation of our sales revenue.