Revenue

9 Months Ended

Sep. 29, 2019

Revenue from Contract with Customer [Abstract]

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



	Three months ended				Nine months ended
	September 29, 2019		September 30, 2018		September 29, 2019		September 30, 2018
Motorcycles and Related Products Revenue:
Motorcycles	$	779,344	$	821,670	$	2,871,982	$	3,144,796
Parts & Accessories	203,173		212,406		584,134		612,495
General Merchandise	60,334		58,266		180,379		183,520
Licensing	8,611		10,680		27,099		29,445
Other	17,480		20,923		34,989		42,757
	1,068,942		1,123,945		3,698,583		4,013,013
Financial Services Revenue:
Interest income	175,840		166,013		502,721		478,693
Securitization and servicing fee income	137		260		489		916
Other income	27,600		25,451		87,725		78,391
	203,577		191,724		590,935		558,000
	$	1,272,519	$	1,315,669	$	4,289,518	$	4,571,013

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 Owners 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 sheets, was as follows (in thousands):



	September 29, 2019		September 30, 2018
Balance, beginning of year	$	29,055	$	23,441
Balance, end of period	32,374		30,514

Previously deferred revenue recognized as revenue in the three months ended September 29, 2019 and September 30, 2018 was $6.0 million and $6.9 million, respectively, and $18.3 million and $16.0 million in the nine months ended September 29, 2019 and September 30, 2018. The Company expects to recognize approximately $17.1 million of the remaining unearned revenue over the next 12 months and $15.3 million thereafter.