Quarterly report pursuant to Section 13 or 15(d)

Revenue

v3.22.1
Revenue
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Revenue Revenue associated with our membership dues, enrollment fees, and certain services from our in-center businesses is recognized over time as earned. Revenue associated with products and services offered in our cafes and spas, as well as through e-commerce, is recognized at a point in time. The following is a summary of revenue, by major revenue stream, that we recognized during the three months ended March 31, 2022 and 2021:
Three Months Ended
March 31,
2022 2021
Membership dues and enrollment fees $ 271,915  $ 175,307 
In-center revenue 109,706  69,787 
Total center revenue 381,621  245,094 
Other revenue 10,633  4,204 
Total revenue $ 392,254  $ 249,298 
The timing associated with the revenue we recognized during the three months ended March 31, 2022 and 2021 is as follows:
Three Months Ended March 31, 2022 Three Months Ended March 31, 2021
Center
Revenue		 Other
Revenue		 Total
Revenue		 Center
Revenue		 Other
Revenue		 Total
Revenue
Goods and services transferred over time $ 332,987 $ 10,633 $ 343,620 $ 216,103 $ 4,204 $ 220,307
Goods and services transferred at a point in time 48,634 — 48,634 28,991 — 28,991
Total revenue $ 381,621 $ 10,633 $ 392,254 $ 245,094 $ 4,204 $ 249,298
Contract liabilities represent payments or consideration received in advance for goods or services that the Company has not yet transferred to the customer. Contract liabilities consist primarily of deferred revenue for fees collected in advance for membership dues, enrollment fees, personal training and other center services offerings, as well as our media and athletic events. Contract liabilities at March 31, 2022 and December 31, 2021 were $42.6 million and $35.9 million, respectively.
Contract liabilities that will be recognized within one year are classified as deferred revenue in our condensed consolidated balance sheets. Deferred revenue at March 31, 2022 and December 31, 2021 was $40.6 million and $33.9 million, respectively, and consists primarily of prepaid membership dues, personal training and other in-center services, and enrollment fees. The $6.7 million increase was primarily driven by registrations received for future athletic events and kids summer camps.
Contract liabilities that will be recognized in a future period greater than one year are classified as a component of Other liabilities in our condensed consolidated balance sheets. Long-term contract liabilities at both March 31, 2022 and December 31, 2021 were $2.0 million and consist primarily of deferred enrollment fees.