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Revenue (Notes)
 6 Months Ended
Oct. 29, 2022
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer [Text Block]
Note 3. Revenue
Revenue from sales of our products and services is recognized either at the point in time when control of the products is transferred to our customers or over time as services are provided in an amount that reflects the consideration we expect to be entitled to in exchange for the products or services. See Note 2. Summary of Significant Accounting Policies for additional information related to our revenue recognition policies and Note 4. Segment Reporting for a description of each segment's product and service offerings.
Disaggregation of Revenue
The following table disaggregates the revenue associated with our major product and service offerings:
13 weeks ended26 weeks ended
October 29, 2022October 30, 2021October 29, 2022October 30, 2021
Retail
Course Materials Product Sales $419,879 $433,734 $547,476 $555,954 
General Merchandise Product Sales (a)
122,648 106,200 211,472 171,623 
Service and Other Revenue (b)
14,749 19,370 23,923 29,172 
Retail Product and Other Sales sub-total557,276 559,304 782,871 756,749 
Course Materials Rental Income41,334 49,648 52,246 62,672 
Retail Total Sales$598,610 $608,952 $835,117 $819,421 
Wholesale Sales$21,120 $21,669 $58,203 $66,153 
DSS Sales (c)
$8,465 $8,279 $17,649 $16,582 
Eliminations (d)
$(11,097)$(11,923)$(30,013)$(34,385)
Total Sales$617,098 $626,977 $880,956 $867,771 
(a)Effective in April 2021, as contemplated by the FLC Partnership's merchandising agreement and e-commerce agreement, we began to transition the fulfillment of logo and emblematic general merchandise sales to FLC and Fanatics. The transition to FLC for campus stores was effective in April 2021, and the e-commerce websites transitioned to Fanatics throughout Fiscal 2022. As the logo and emblematic general merchandise sales are fulfilled by FLC and Fanatics, we recognize commission revenue earned for these sales on a net basis in our condensed consolidated financial statements, as compared to the recognition of logo and emblematic sales on a gross basis in the periods prior to the transition.
(b)Service and other revenue primarily relates to brand partnerships and other service revenues.
(c)DSS sales primarily relate to direct-to-student subscription-based revenue.
(d)The sales eliminations represent the elimination of Wholesale sales and fulfillment service fees to Retail and the elimination of Retail commissions earned from Wholesale.
Contract Liabilities
Contract liabilities represent an obligation to transfer goods or services to a customer for which we have received consideration and consists of our deferred revenue liability (deferred revenue). Deferred revenue consists of the following:
•advanced payments from customers related to textbook rental and subscription-based performance obligations, which are recognized ratably over the terms of the related rental or subscription periods;
•unsatisfied performance obligations associated with partnership marketing services, which are recognized when the contracted services are provided to our partnership marketing customers; and
•unsatisfied performance obligations associated with the premium paid for the sale of treasury shares, which are expected to be recognized over the term of the e-commerce and merchandising contracts for Fanatics and FLC, respectively.
The following table presents changes in deferred revenue associated with our contract liabilities:
26 weeks ended
October 29, 2022October 30, 2021
Deferred revenue at the beginning of period$19,722 $18,139 
Additions to deferred revenue during the period114,975 82,515 
Reductions to deferred revenue for revenue recognized during the period(83,651)(66,364)
Deferred revenue balance at the end of period:$51,046 $34,290 
Balance Sheet classification:
Accrued liabilities$46,610 $29,820 
Other long-term liabilities4,436 4,470 
Deferred revenue balance at the end of period:$51,046 $34,290