Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies and Nature of Operations (Tables)

v3.20.4
Summary of Significant Accounting Policies and Nature of Operations (Tables)
 12 Months Ended
Jan. 02, 2021
Summary of Significant Accounting Policies and Nature of Operations  
Allowance for Sales Returns and Allowance for Doubtful Accounts

The following table provides an analysis of the allowance for sales returns and the allowance for doubtful accounts (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Charged to

 

 

 

 

 

 

 

 

Balance at

 

Revenue,

 

 

 

 

Balance at

 

 

Beginning

 

Cost or

 

 

 

 

End of

 

    

of Period

    

Expenses

    

Deductions

    

Period

Fifty-Two Weeks Ended January 2, 2021

 

 

  

 

 

  

 

 

  

 

 

  

Allowance for sales returns

 

$

1,194

 

$

24,396

 

$

(22,977)

 

$

2,613

Allowance for doubtful accounts

 

 

 6

 

 

 —

 

 

(5)

 

 

 1

Fifty-Two Weeks Ended December 28, 2019

 

 

  

 

 

  

 

 

 

 

 

  

Allowance for sales returns

 

$

1,297

 

$

18,436

 

$

(18,539)

 

$

1,194

Allowance for doubtful accounts

 

 

21

 

 

28

 

 

(43)

 

 

 6

 

Aggregate Warranty Liabilities

For the fiscal year 2020 and 2019, the activity in the aggregate warranty liabilities was as follows (in thousands):

 

 

 

 

 

 

 

 

 

    

January 2, 2021

    

December 28, 2019

Warranty liabilities, beginning of period

 

$

1,412

 

$

1,420

Additions to warranty liabilities

 

 

445

 

 

690

Reductions to warranty liabilities

 

 

(723)

 

 

(698)

Warranty liabilities, end of period

 

$

1,134

 

$

1,412