Deferred Revenue and Deferred Cost

6 Months Ended

Jul. 31, 2016

Deferred Revenue Disclosure [Abstract]

7. Deferred Revenue and Deferred Cost

Deferred revenue and related cost at July 31, 2016 and January 31, 2016 consisted of the following:

	As of
	July 31, 2016			January 31, 2016
	(in thousands)
Deferred revenue on product shipments	$	6,048		$	12,201
Deferred revenue from licenses & services		1,957			1,653
Deferred cost of revenue on product shipments		(2,541	)		(3,777	)
Total deferred revenue, net	$	5,464		$	10,077

- 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.

+ References + Details