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Revenue Recognition
12 Months Ended
Dec. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Deferred contract assets and deferred contract liabilities are included in the consolidated balance sheets as follows (in thousands):
 December 30, 2023December 31, 2022
Deferred contract assets included in:  
Other current assets$28,567 $28,121 
Other non-current assets54,795 55,564 
 $83,362 $83,685 

 December 30, 2023December 31, 2022
Deferred contract liabilities included in:  
Other current liabilities$36,421 $36,335 
Other non-current liabilities69,098 70,999 
 $105,519 $107,334 

During the years ended December 30, 2023, December 31, 2022 and January 1, 2022 the Company recognized revenue of $36 million, $34 million and $29 million, respectively, that was included in the deferred contract liability balance at the beginning of the year.

Revenue from goods and services transferred to customers at a point in time accounted for approximately 98% of the Company’s revenues for 2023, 2022 and 2021.

Net sales consisted of the following (in thousands):
 202320222021
Retail stores$1,639,073 $1,823,617 $1,904,037 
Online, phone, chat and other248,409 290,680 280,912 
Total Company$1,887,482 $2,114,297 $2,184,949 

Obligation for Sales Returns

The activity in the sales returns liability account for 2023 and 2022 was as follows (in thousands):
 20232022
Balance at beginning of year$25,594 $22,368 
Additions that reduce net sales109,153 103,477 
Deduction from reserves(112,345)(100,251)
Balance at end of period$22,402 $25,594