v3.26.3
Deferred Revenue from Membership Upgrades and Deferred Commission Expense (Tables)
9 Months Ended
Sep. 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 September 30,
(amounts in thousands)
20262025
Deferred revenue, beginning$211,171 $218,164 
Deferred membership upgrade revenue3,273 5,711 
Revenue recognized from membership upgrades(11,370)(10,054)
Net increase (decrease) in deferred revenue(8,097)(4,343)
Deferred revenue, ending (1)
$203,074 $213,821 
Deferred commission expense, beginning$58,149 $56,516 
Deferred commission expense4,310 5,563 
Commission expense recognized(5,340)(3,549)
Net increase (decrease) in deferred commission expense(1,030)2,014 
Deferred commission expense, ending$57,119 $58,530 
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(1)Included in Deferred membership revenue on the Consolidated Balance Sheets.