v3.26.1
Deferred Revenue from Membership Upgrades and Deferred Commission Expense (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Change in Deferred Revenue and Deferred Commissions
The components of the change in Deferred revenue from membership upgrades and Deferred commission expense were as follows:
As of June 30,
(amounts in thousands)
20262025
Deferred revenue, beginning$211,171 $218,164 
Deferred membership upgrade revenue2,022 4,246 
Revenue recognized from membership upgrades(7,456)(6,572)
Net increase (decrease) in deferred revenue(5,434)(2,326)
Deferred revenue, ending (1)
$205,737 $215,838 
Deferred commission expense, beginning$58,149 $56,516 
Deferred commission expense2,608 3,603 
Commission expense recognized(3,383)(2,271)
Net increase (decrease) in deferred commission expense(775)1,332 
Deferred commission expense, ending$57,374 $57,848 
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(1)Included in Deferred membership revenue on the Consolidated Balance Sheets.