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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue From Contract With Customer [Abstract]  
Disaggregated Revenue

The following table provides information about disaggregated revenue by primary geographical market, major product line and timing of revenue recognition, and includes a reconciliation of the disaggregated revenue with reportable segments (in thousands):

 

 

 

Year Ended December 31, 2018

 

 

 

Third-Party Software

 

 

Proprietary Software

 

 

Total Software

 

 

Professional Engineering Service

 

 

Total

 

Primary geographical markets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

58,523

 

 

$

3,305

 

 

$

61,828

 

 

$

7,260

 

 

$

69,088

 

Europe

 

 

2,239

 

 

 

115

 

 

 

2,354

 

 

 

701

 

 

 

3,055

 

Asia

 

 

397

 

 

 

534

 

 

 

931

 

 

 

340

 

 

 

1,271

 

Total

 

$

61,159

 

 

$

3,954

 

 

$

65,113

 

 

$

8,301

 

 

$

73,414

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Major products/services lines:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Third-party software

 

$

61,159

 

 

$

-

 

 

$

61,159

 

 

$

-

 

 

$

61,159

 

Proprietary software

 

 

-

 

 

 

3,954

 

 

 

3,954

 

 

 

-

 

 

 

3,954

 

Professional engineering services

 

 

-

 

 

 

-

 

 

 

-

 

 

 

8,301

 

 

 

8,301

 

Total

 

$

61,159

 

 

$

3,954

 

 

$

65,113

 

 

$

8,301

 

 

$

73,414

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Timing of revenue recognition:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transferred at a point in time

 

$

61,035

 

 

$

2,967

 

 

$

64,002

 

 

$

1,592

 

 

$

65,594

 

Transferred over time

 

 

124

 

 

 

987

 

 

 

1,111

 

 

 

6,709

 

 

 

7,820

 

Total

 

$

61,159

 

 

$

3,954

 

 

$

65,113

 

 

$

8,301

 

 

$

73,414

 

Schedule of Contract Balances and Changes in Contract Balances

The following table provides information about receivables, contract assets and contract liabilities from contracts with customers (in thousands):

 

 

 

December 31, 2018

 

 

December 31, 2017

 

Receivables

 

$

11,581

 

 

$

18,014

 

Short-term contract assets

 

 

1,053

 

 

 

937

 

Long-term contract assets

 

 

528

 

 

 

30

 

Short-term contract liabilities (deferred revenue)

 

 

1,652

 

 

 

3,219

 

Long-term contract liabilities (deferred revenue)

 

 

1,037

 

 

 

61

 

Significant changes in contract assets and liabilities balances were as follows (in thousands):

 

 

 

December 31, 2018

 

 

 

Contract Assets

 

 

Contract Liabilities (1)

 

Revenue recognized that was included in the contract liability at beginning of the period

 

$

-

 

 

$

3,663

 

Transferred to receivables from contract assets recognized at beginning of the period

 

$

263

 

 

$

-

 

(1) Comprised of deferred revenue

 

 

 

 

 

 

 

 

Estimated Revenue Expected to be Recognized in Future Related to Performance Obligations

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period, in thousands. The estimated revenue does not include contracts with original durations of one year or less, amounts of variable consideration attributable to royalties, or contract renewals that were unexercised as of December 31, 2018.

 

 

 

2019

 

 

2020

 

 

2021

 

 

2022

 

Third-party software

 

$

51

 

 

$

14

 

 

$

-

 

 

$

-

 

Proprietary software

 

 

2,215

 

 

 

2,415

 

 

 

1,240

 

 

 

196

 

Professional engineering services

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-