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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Contract Balances Our opening and closing balances of deferred revenue were as follows:
(in thousands)March 31,
2022
December 31,
2021
Total deferred revenue$355,677 $378,746 
Disaggregation of Revenue The following table presents our revenue by geographic area based on the address of our customers:
Three months ended
March 31,
(dollars in thousands)
2022
2021
United States$214,394 $185,327 
United Kingdom27,660 22,305 
Other countries15,070 11,559 
Total revenue$257,124 $219,191 
The following table presents our revenue by market group:
Three months ended
March 31,
(dollars in thousands)
2022
2021(1)
UMG$182,489 $173,467 
IMG
48,054 45,769 
EVERFI
26,975 — 
Other(394)(45)
Total revenue$257,124 $219,191 
(1)Due to the market group change discussed above, we have recast our revenue by market group for the three months ended March 31, 2021 to present them on a consistent basis with the current year.
Disaggregation Of Revenue, Recurring
The following table presents our recurring revenue by type:
Three months ended
March 31,
(dollars in thousands)
2022
2021
Contractual recurring$174,531 $146,821 
Transactional recurring70,135 59,929 
Total recurring revenue$244,666 $206,750