Revenue

6 Months Ended

Jun. 30, 2019

Revenue from Contract with Customer [Abstract]

The following table includes revenue disaggregated by major source (in thousands):



	Three months ended				Six months ended
	June 30, 2019		July 1, 2018		June 30, 2019		July 1, 2018
Motorcycles and Related Products:
Motorcycles	$	1,128,063	$	1,201,453	$	2,092,638	$	2,323,126
Parts & Accessories	221,258		231,014		380,961		400,089
General Merchandise	64,644		68,653		120,045		125,254
Licensing	9,911		10,407		18,488		18,765
Other	10,128		13,594		17,509		21,834
Revenue from Motorcycles and Related Products	1,434,004		1,525,121		2,629,641		2,889,068
Financial Services:
Interest income	167,077		158,639		326,881		312,680
Securitization and servicing fee income	163		304		352		656
Other income	31,375		29,159		60,125		52,940
Revenue from Financial Services	198,615		188,102		387,358		366,276
Total revenue	$	1,632,619	$	1,713,223	$	3,016,999	$	3,255,344

Deferred revenue relates to payments received at contract inception in advance of the Company’s performance under the contract and generally relates to the sale of Harley Ownership Group memberships and extended service plan contracts. Deferred revenue is recognized as revenue as the Company performs under the contract. Deferred revenue, included in Accrued liabilities and Other long-term liabilities on the consolidated balance sheet, was as follows (in thousands):



	June 30, 2019		July 1, 2018
Balance, beginning of year	$	29,055	$	23,441
Balance, end of period	32,568		30,753

Previously deferred revenue recognized as revenue in the three months ended June 30, 2019 and July 1, 2018 was $6.2 million and $5.1 million, respectively, and $12.3 million and $9.1 million in the six months ended June 30, 2019 and July 1, 2018. The Company expects to recognize approximately $17.6 million of the remaining unearned revenue over the next 12 months and $15.0 million thereafter.