DEFERRED REVENUES

12 Months Ended

Jan. 31, 2013

7. DEFERRED REVENUES

Deferred revenues consisted of the following:

	January 31,
	2013		2012
	(in thousands)
Deferred maintenance revenue	$	85,823	$	83,400
Deferred license revenue		6,837		1,806
Deferred subscription revenue		5,456		3,696
Deferred services revenue		2,960		3,507
Deferred other revenue		117		1,462
Deferred revenues, current		101,193		93,871
Deferred revenues, non-current (in Other liabilities)		600		1,280
Total deferred revenues	$	101,793	$	95,151

Deferred maintenance and subscription revenues represent customer payments made in advance for support and subscription contracts that are typically billed annually in advance with corresponding revenues being recognized ratably over the support and subscription periods. Deferred license revenues typically result from undelivered products or specified enhancements, customer specific acceptance provisions and software license transactions that cannot be segmented from undelivered consulting or other services. Deferred services revenues represent both prepayments for our professional services where revenues for these services are generally recognized as the Company completes the performance obligations for the prepaid services; and services already provided but deferred due to software revenue recognition rules.

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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