v3.24.3
Revenue (Tables)
3 Months Ended
May 04, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Sales and Percentage of Total Net Sales by Significant Product Category
The following table presents net sales by significant product category:
Three Months Ended
 May 4,
2024
April 29,
2023
Hardware and accessories (1)
$505.3 $725.8 
Software (2)
239.7 338.3 
Collectibles136.8 173.0 
Total net sales$881.8 $1,237.1 
__________________________________________________
(1)    Includes sales of new and pre-owned hardware, accessories, hardware bundles in which hardware and digital or physical software are sold together in a single SKU, interactive game figures, strategy guides, mobile and consumer electronics.
(2)    Includes sales of new and pre-owned gaming software, digital software, and PC entertainment software.
Schedule of Performance Obligations Associated with Subscriptions
The following table presents our performance obligations recognized in accrued liabilities and other current liabilities on our Condensed Consolidated Statements of Operations:
May 4,
2024
April 29,
2023
Unredeemed customer liabilities$136.4$180.4
Extended warranties68.193.3
Subscriptions48.751.8
Total performance obligations$253.2 $325.5 
Schedule of Contract with Customer, Asset and Liability
The following table presents a rollforward of our contract liabilities:
May 4, 2024April 29, 2023
Contract liability beginning balance$274.1 $338.2 
Increase to contract liabilities (1)
134.9 169.6 
Decrease to contract liabilities (2)
(155.4)(181.3)
Other adjustments (3)
(0.4)(1.0)
Contract liability ending balance$253.2 $325.5 
__________________________________________________
(1)    Includes issuances of gift cards, trade-in credits and loyalty points, new reservation deposits, new subscriptions to GameStop Pro® rewards program and extended warranties sold.
(2)    Consists of redemptions and breakage of gift cards and trade-in credits, redemptions of reservation deposits, and redemptions, breakage, and expiration of loyalty points. Additionally this includes revenues recognized for our GameStop Pro® rewards program and extended warranties. During the three months ended May 4, 2024 and April 29, 2023, there were $28.6 million and $16.7 million of gift cards redeemed that were outstanding as of February 3, 2024 and January 28, 2023, respectively.
(3)    Primarily includes foreign currency translation adjustments.