Deferred Revenue

3 Months Ended

Mar. 31, 2013

4.	Deferred Revenue

Deferred revenue represents amounts billed to or collected from customers for which the related revenue has not been recognized because one or more of the revenue recognition criteria have not been met. The current portion of deferred revenue is expected to be recognized as revenue within 12 months from the balance sheet date. Deferred revenue consisted of the following (in thousands):


	March 31, 2013		December 31, 2012
License software	$	15,600	$	18,375
Subscription and maintenance support		37,351		35,853
Professional services and other		6,629		6,921

Total	$	59,580	$	61,149

Current portion	$	56,100	$	49,368
Non-current portion		3,480		11,781

Total	$	59,580	$	61,149

- 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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