Quarterly report pursuant to Section 13 or 15(d)

Revenue

v3.22.2.2
Revenue
 9 Months Ended
Sep. 30, 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 and nine months ended September 30, 2022 and 2021:
Three Months Ended
September 30,		 Nine Months Ended
September 30,
2022 2021 2022 2021
Membership dues and enrollment fees $ 335,717  $ 261,033  $ 916,895 $ 653,584
In-center revenue 144,278  110,967  390,603 280,106
Total center revenue 479,995  372,000  1,307,498 933,690
Other revenue 16,386  13,040  42,404 23,835
Total revenue $ 496,381  $ 385,040  $ 1,349,902 $ 957,525
The timing associated with the revenue we recognized during the three months ended September 30, 2022 and 2021 is as follows:
Three Months Ended September 30, 2022 Three Months Ended September 30, 2021
Center
Revenue		 Other
Revenue		 Total
Revenue		 Center
Revenue		 Other
Revenue		 Total
Revenue
Goods and services transferred over time $ 419,758 $ 16,386 $ 436,144 $ 324,350 $ 13,040 $ 337,390
Goods and services transferred at a point in time 60,237 — 60,237 47,650 — 47,650
Total revenue $ 479,995 $ 16,386 $ 496,381 $ 372,000 $ 13,040 $ 385,040
The timing associated with the revenue we recognized during the nine months ended September 30, 2022 and 2021 is as follows:
Nine Months Ended September 30, 2022 Nine Months Ended September 30, 2021
Center
Revenue		 Other
Revenue		 Total
Revenue		 Center
Revenue		 Other
Revenue		 Total
Revenue
Goods and services transferred over time $ 1,137,643 $ 42,404 $ 1,180,047 $ 813,425 $ 23,835 $ 837,260
Goods and services transferred at a point in time 169,855 — 169,855 120,265 — 120,265
Total revenue $ 1,307,498 $ 42,404 $ 1,349,902 $ 933,690 $ 23,835 $ 957,525
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 September 30, 2022 and December 31, 2021 were $34.4 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 September 30, 2022 and December 31, 2021 was $32.3 million and $33.9 million, respectively, and consists primarily of prepaid membership dues, personal training and other in-center services, and enrollment fees. The $1.6 million decrease was primarily driven by deferred registrations received in prior periods for athletic events that took place in the current period.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 September 30, 2022 and December 31, 2021 were $2.1 million and $2.0 million, respectively, and consist primarily of deferred enrollment fees.