| REVENUE |
REVENUE Disaggregation of Revenue. The Company's revenue disaggregated by major product category and timing of revenue recognition was as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the 13 Weeks Ended April 4, 2026 | | Americas | | Europe | | Asia | | Corporate | | Total | | Product type | | | | | | | | | | | Watches: | | | | | | | | | | | Traditional watches | $ | 83,971 | | | $ | 57,625 | | | $ | 47,136 | | | $ | — | | | $ | 188,732 | | | Smartwatches | 1,610 | | | (94) | | | 214 | | | — | | | 1,730 | | | Total watches | $ | 85,581 | | | $ | 57,531 | | | $ | 47,350 | | | $ | — | | | $ | 190,462 | | | Leathers | 5,992 | | | 1,596 | | | 3,053 | | | — | | | 10,641 | | | Jewelry | 3,792 | | | 11,313 | | | 5,035 | | | — | | | 20,140 | | | Other | 1,409 | | | 1,067 | | | 585 | | | 457 | | | 3,518 | | | Consolidated | $ | 96,774 | | | $ | 71,507 | | | $ | 56,023 | | | $ | 457 | | | $ | 224,761 | | | | | | | | | | | | | Timing of revenue recognition | | | | | | | | | | | Revenue recognized at a point in time | $ | 96,765 | | | $ | 71,495 | | | $ | 56,010 | | | $ | 457 | | | $ | 224,727 | | | Revenue recognized over time | 9 | | | 12 | | | 13 | | | — | | | 34 | | | Consolidated | $ | 96,774 | | | $ | 71,507 | | | $ | 56,023 | | | $ | 457 | | | $ | 224,761 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | For the 14 Weeks Ended April 5, 2025 | | Americas | | Europe | | Asia | | Corporate | | Total | | Product type | | | | | | | | | | | Watches: | | | | | | | | | | | Traditional watches | $ | 77,995 | | | $ | 60,194 | | | $ | 46,442 | | | $ | — | | | $ | 184,631 | | | Smartwatches | 2,938 | | | 834 | | | 274 | | | — | | | 4,046 | | | Total watches | $ | 80,933 | | | $ | 61,028 | | | $ | 46,716 | | | $ | — | | | $ | 188,677 | | | Leathers | 9,741 | | | 2,226 | | | 5,213 | | | — | | | 17,180 | | | Jewelry | 5,351 | | | 12,202 | | | 4,707 | | | — | | | 22,260 | | | Other | 1,704 | | | 1,877 | | | 709 | | | 886 | | | 5,176 | | | Consolidated | $ | 97,729 | | | $ | 77,333 | | | $ | 57,345 | | | $ | 886 | | | $ | 233,293 | | | | | | | | | | | | | Timing of revenue recognition | | | | | | | | | | | Revenue recognized at a point in time | $ | 97,669 | | | $ | 77,248 | | | $ | 57,269 | | | $ | 886 | | | $ | 233,072 | | | Revenue recognized over time | 60 | | | 85 | | | 76 | | | — | | | 221 | | | Consolidated | $ | 97,729 | | | $ | 77,333 | | | $ | 57,345 | | | $ | 886 | | | $ | 233,293 | |
Contract Balances. As of April 4, 2026, the Company had no material contract assets on the Company's condensed consolidated balance sheets and no deferred contract costs. The Company had contract liabilities of (i) $0.3 million as of April 4, 2026 and no contract liabilities as of January 3, 2026 related to remaining performance obligations on licensing income, (ii) $0.1 million and $0.1 million as of April 4, 2026 and January 3, 2026, respectively, primarily related to remaining performance obligations on wearable technology products and (iii) $1.4 million and $1.7 million as of April 4, 2026 and January 3, 2026, respectively, related to gift cards issued.
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