Other Long-Term Assets (Tables)

9 Months Ended

Sep. 30, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Other Long-Term Assets

Other long-term assets consisted of the following at September 30, 2016 and December 31, 2015 (in thousands):

	2016		2015
Cash surrender value of corporate-owned life insurance policies (Note 1)	$	3,014	$	2,180
Prepaid commissions (i)	4,927		3,543
Accounts receivable (ii)	10,359		1,227
Restricted cash (iii)	3,095		—
Prepaid expenses, deposits and other	367		246
Total other long-term assets	$	21,762	$	7,196

⁽ⁱ⁾ Prepaid commissions represent customer acquisition costs to secure long-term contracts. The Company capitalizes incremental and direct costs related to a specific contract and recognizes expense over the term of the contract.

⁽ⁱⁱ⁾ Long-term accounts receivable as of September 30, 2016 and December 31, 2015 consist of balances related to sales made under the Officer Safety and TASER 60 Programs (Note 1e). These balances are collectible over the stated contract period, which is typically five years, and are actively monitored for collectability.

⁽ⁱⁱⁱ⁾ Restricted cash represents sales proceeds related to a long-term contract with a specific customer. These proceeds are held in escrow until certain billing milestones are achieved, and then specified amounts are transferred to the Company's operating accounts.