Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Revenue (Tables)

12 Months Ended

Feb. 01, 2020

The following table sets forth the approximate percentage of net sales by primary category:


	Fiscal year ended
	February 1,	February 2,	February 3,
	2020	2019	2018
Cosmetics	50%	51%	51%
Skincare, bath, and fragrance	22%	21%	21%
Haircare products and styling tools	19%	19%	19%
Services	5%	5%	6%
Other (nail products, accessories, and other)	4%	4%	3%
	100%	100%	100%

The following table provides a summary of the changes included in deferred revenue during fiscal years 2019 and 2018:


	Fiscal year ended
	February 1,		February 2,
	2020		2019
Beginning balance	$	193,585	$	110,103
Adoption of ASC 606		—		38,773
Additions to contract liabilities (1)		206,701		140,638
Deductions to contract liabilities (2)		(170,275)		(95,929)
Ending balance	$	230,011	$	193,585

(1)	Loyalty points and gift cards issued in the current period but not redeemed or expired.

Revenue recognized in the current period related to the beginning liability.