Revenue Recognition

12 Months Ended

Dec. 28, 2019

Revenue Recognition [Abstract]

Revenue Recognition

(9) Revenue Recognition

Deferred contract assets and deferred contract liabilities are included in our consolidated balance sheets as follows (in thousands):

	December 28, 2019		December 29, 2018
Deferred Contract Assets included in:
Other current assets	$	23,568	$	20,553
Other non-current assets		33,782		29,456
	$	57,350	$	50,009

	December 28, 2019		December 29, 2018
Deferred Contract Liabilities included in:
Other current liabilities	$	34,204	$	32,395
Other non-current liabilities		44,970		42,194
	$	79,174	$	74,589

During the year ended December 28, 2019, we recognized revenue of $32 million 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 our revenues for 2019, 2018 and 2017.

Net sales from each of our channels was as follows (in thousands):

	2019		2018		2017
Retail	$	1,558,638	$	1,401,991	$	1,324,690
Online and phone		129,257		115,831		101,145
Company-Controlled channel		1,687,895		1,517,822		1,425,835
Wholesale/Other channel		10,457		13,753		18,662
Total	$	1,698,352	$	1,531,575	$	1,444,497

Obligation for Sales Returns

The activity in the sales returns liability account for 2019 and 2018 was as follows (in thousands):

	2019			2018
Balance at beginning of year	$	19,907		$	19,270
Additions that reduce net sales		79,138			79,326
Deduction from reserves		(79,236	)		(78,689	)
Balance at end of period	$	19,809		$	19,907