Quarterly report pursuant to Section 13 or 15(d)

Deferred Revenue and Gift Card Liability

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Deferred Revenue and Gift Card Liability
3 Months Ended
Mar. 31, 2024
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 March 31,
2024 2023
Balance at beginning of period $ 11,030  $ 9,505 
Sales of gift cards 1,729  346 
Redemption of gift cards (1,793) (374)
Increase from deferral of revenue 2,295  3,127 
Decrease from revenue recognition (2,832) (3,560)
Loyalty Program points earned 721  521 
Loyalty Program points redeemed/expired (3,588) (220)
Balance at end of period $ 7,562  $ 9,345