Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue and Gift Card Liability (Tables)

v3.24.3
Deferred Revenue and Gift Card Liability (Tables)
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Deferred Revenue, Gift Cards, and Loyalty Program, Including Significant Changes in Deferred Revenue
The following table provides information about deferred revenue, gift cards, and the Loyalty Program, including significant changes in deferred revenue balances for the below designated periods (dollars in thousands, unaudited):

Three Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Balance at beginning of period $ 5,592  $ 10,075  $ 11,030  $ 9,505 
Sales of gift cards 105  194  556  755 
Redemption of gift cards (106) (194) (598) (683)
Increase from deferral of revenue 1,904  2,843  1,904  2,843 
Decrease from revenue recognition (2,058) (2,847) (2,832) (3,560)
Loyalty Program points earned 423  1,070  1,750  2,634 
Loyalty Program points redeemed/expired (991) (981) (6,941) (1,334)
Balance at end of period $ 4,869  $ 10,160  $ 4,869  $ 10,160