XML 19 R9.htm IDEA: XBRL DOCUMENT v3.20.2
Revenue and Contract Acquisition Costs
 6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Revenue and Contract Acquisition Costs Revenue and Contract Acquisition Costs
The following table summarizes the Company’s disaggregated revenues:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)2020201920202019
U.S. Omnipod$128.8  $98.1  $245.4  $184.2  
International Omnipod73.2  62.7  146.3  119.6  
Total Omnipod202.0  160.8  391.7  303.8  
Drug Delivery24.3  16.3  32.6  32.9  
Total$226.3  $177.1  $424.3  $336.7  
During both the three and six months ended June 30, 2020, the Company had two customers that represented 21% of total revenue. During the three and six months ended June 30, 2019, the Company had one customer that represented 12% of total revenue and two customers that represented 21% of total revenue, respectively.
Deferred revenue related to unsatisfied performance obligations was included in the following consolidated balance sheet accounts in the amounts shown:
(in millions)
June 30, 2020December 31, 2019
Accrued expenses and other current liabilities$5.0  $3.2  
Other liabilities0.9  1.0  
Total deferred revenue$5.9  $4.2  
Revenue recognized during the three and six months ended June 30, 2020 included in deferred revenue at the beginning of 2020 was $0.1 million and $1.6 million, respectively. Revenue recognized during the three and six months ended June 30, 2019 included in deferred revenue at the beginning of 2019 was $0.2 million and $1.1 million, respectively.
Contract acquisition costs, representing capitalized commission costs related to new customers, net of amortization, were included in the following consolidated balance sheet captions in the amounts shown:
(in millions)June 30, 2020December 31, 2019
Prepaid expenses and other current assets$9.9  $9.5  
Other assets19.7  19.9  
Total capitalized contract acquisition costs, net$29.6  $29.4  
The Company had unbilled receivables of $22.3 million and $13.5 million at June 30, 2020 and December 31, 2019, respectively.
The Company recognized $2.6 million and $5.1 million of amortization of capitalized contract acquisition costs during the three and six months ended June 30, 2020, respectively. The Company recognized $2.1 million and $4.1 million of amortization of capitalized contract acquisition costs during the three and six months ended June 30, 2019, respectively.