Note 6 - Deferred Revenues

12 Months Ended

Jan. 31, 2017

Notes to Financial Statements

Deferred Revenue Disclosure [Text Block]

6.

DEFERRED REVENUES

Deferred revenues consisted of the following:

	January 31,
	201 7		201 6
	(in thousands)
Deferred maintenance revenue	$	78,923	$	79,533
Deferred subscription revenue		20,389		14,194
Deferred services revenue		2,550		2,332
Deferred license revenue		1,740		1,549
Deferred other revenue		523		303
Deferred revenues, current		104,125		97,911
Deferred revenues, non-current (in Other liabilities)		2,353		1,690
Total deferred revenues	$	106,478	$	99,601

Deferred maintenance and subscription revenues represent billings and customer payments made in advance for support and subscription contracts. Support and subscription are billed in advance with corresponding revenues being recognized ratably over the support and subscription periods. Support is typically billed annually while subscription is billed quarterly or annually. Deferred license revenues 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.