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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table presents the Company's revenue disaggregated by solution group, geographical market and timing of transfer of products and services. The Company attributes revenue to geographical markets based on the location of the customer. The Company has one reportable segment in accordance with ASC 280, Segment Reporting; as such, the disaggregation of revenue below reconciles directly to its unique reportable segment.
Years Ended December 31,
(In thousands)202020192018
By solution group:
Ratings and Planning (1)
$253,652 $271,623 $285,355 
Analytics and Optimization (1)
69,080 74,725 92,380 
Movies Reporting and Analytics33,304 42,297 41,747 
Total$356,036 $388,645 $419,482 
By geographical market:
United States $310,717 $336,087 $359,379 
Europe27,447 30,619 34,623 
Latin America6,275 10,326 13,179 
Canada7,046 7,046 7,882 
Other4,551 4,567 4,419 
Total$356,036 $388,645 $419,482 
By timing of revenue recognition:
Products and services transferred at a point in time$77,398 $93,036 $113,583 
Products and services transferred over time278,638 295,609 305,899 
Total$356,036 $388,645 $419,482 
(1) In the second quarter of 2020, the Company began classifying revenue from certain new and extended custom agreements for services that utilize its syndicated data set, previously classified under Analytics and Optimization, as Ratings and Planning. The impact was not material to either solution group.
Schedule of Contract Balances
The following table provides information about receivables, contract assets, contract costs, contract liabilities and customer advances from contracts with customers:
As of December 31,
(In thousands)20202019
Accounts receivable, net$69,379 $71,853 
Current and non-current contract assets4,037 1,035 
Current and non-current contract costs430 799 
Current contract liabilities58,529 58,158 
Current customer advances12,477 9,886 
Non-current contract liabilities 4,156 291 
Current and non-current contract assets as of December 31, 2020 increased from the prior year due primarily to the Company providing payment deferrals, in exchange for contract extensions, on certain of its movies contracts because of theater closures as a result of the COVID-19 pandemic. Non-current contract liabilities as of December 31, 2020 increased from the prior year due primarily to a large upfront payment received on a new multi-year contract.
Significant changes in the current contract liabilities balances are as follows:
Contract Liability (Current)
Years Ended December 31,
(In thousands)20202019
Revenue recognized that was included in the opening contract liabilities balance$(53,226)$(58,918)
Cash received or amounts billed in advance and not recognized as revenue50,836 53,881