Quarterly report [Sections 13 or 15(d)]

Deferred Revenue and Gift Card Liability

v3.25.3
Deferred Revenue and Gift Card Liability
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Deferred Revenue and Gift Card Liability Deferred Revenue and Gift Card Liability
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,
2025 2024 2025 2024
Balance at beginning of period $ 3,770  $ 5,592  $ 3,918  $ 11,030 
Sales of gift cards 88  105  521  556 
Redemption of gift cards (93) (106) (645) (598)
Increase from deferral of revenue 2,946  1,904  2,946  1,904 
Decrease from revenue recognition (1,738) (2,058) (1,784) (2,832)
Loyalty Program points earned 361  423  1,021  1,750 
Loyalty Program points redeemed/expired (665) (991) (1,308) (6,941)
Balance at end of period $ 4,669  $ 4,869  $ 4,669  $ 4,869