REVENUE

The following table presents our revenue disaggregated by source:

	13 Weeks Ended
	December 29,		December 30,
(Thousands of Dollars)	2019		2018

Advertising and marketing services revenue		65,727		75,962
Subscription Revenue		41,694		46,268
TownNews and other digital services revenue		5,218		4,677
Other revenue		9,704		9,294
Total operating revenue		122,343		136,201

Recognition principles:

Revenue is recognized when a performance obligation is satisfied by the transfer of control of the contracted goods or services to our customers, in an amount that reflects the consideration we expect to receive in exchange for those goods or services.

Arrangements with multiple performance obligations:

We have various advertising and subscription agreements which include both print and digital performance obligations. Revenue from sales agreements that contain multiple performance obligations are allocated to each obligation based on the relative standalone selling price. We determine standalone selling prices based on observable prices charged to customers.

Contract Assets and Liabilities:

The Company’s primary source of unearned revenue is from subscriptions paid in advance of the service provided. The Company expects to recognize the revenue related to unsatisfied performance obligations over the next

twelve

months in accordance with the terms of the subscriptions and other contracts with customers. The unearned revenue balances described herein are the Company's only contract liability. Unearned revenue was $

22,966,000

as of

December 29, 2019

and $

21,720,000

as of

September 29, 2019.

Revenue recognized in the

weeks ended

December 29, 2019

that was included in the contract liability as of

September 29, 2019

was

$13,399,000.

Contract asset balances relate to our Management Agreement revenue and were $

3,589,000

as of

December 29, 2019

and $

1,107,000

as of

September 29, 2019

and consisted solely of the variable portion of the contract.T

hese contract asset balances are included in accounts receivable and contract assets, net. There are

other contract assets recorded. Accounts receivable, excluding allowance for doubtful accounts and contract assets, was $

53,481,000

and $

47,863,000

as of

December 29, 2019

and

September 29, 2019,

respectively. Allowance for doubtful accounts was $

6,420,000

and $

6,434,000

as of

December 29, 2019

and

September 29, 2019,

respectively.

Practical expedients:

Sales commissions are expensed as incurred as the associated contractual periods are

one

year or less. These costs are recorded within compensation. The vast majority of our contracts have original expected lengths of

one

year or less and revenue is earned at a rate and amount that corresponds directly with the value to the customer.