Revenues, Accounts Receivable, Deferred Revenue and Remaining Performance Obligations

3 Months Ended

Apr. 30, 2020

Revenues, Accounts Receivable, Deferred Revenue and Remaining Performance Obligations

Disaggregation of Revenues

The following table presents disaggregated revenues by major product or service type:


	Three Months Ended April 30,
(In thousands)	2020		2019
Revenues
License	$	148,385	$	202,862
Cloud services	112,152		62,055
Maintenance, professional services and training	173,540		159,933
Total revenues	$	434,077	$	424,850

Revenues by geography are based on the shipping address of the customer. The following table presents our revenues by geographic region:


	Three Months Ended April 30,
(In thousands)	2020		2019
United States	$	283,132	$	312,356
International	150,945		112,494
Total revenues	$	434,077	$	424,850

The following table presents revenues by channel partners representing 10% or more of total revenues:


	Three Months Ended April 30,
(In thousands)	2020		2019
Channel Partner A	29	%	32	%
Channel Partner B	14	%	19	%

The revenues from these channel partners are comprised of a number of customer transactions, none of which were individually greater than 10% of total revenues during the three months ended April 30, 2020 and 2019, respectively.

Accounts Receivable

The following table presents total current and non-current accounts receivable by channel partners representing 10% or more of total current and non-current accounts receivable:


(In thousands)	April 30, 2020		January 31, 2020
Channel Partner A	19	%	27	%
Channel Partner B	9	%	13	%

The COVID-19 pandemic and the recent economic downturn prompted us to perform additional credit reviews of our existing customers. After performing our additional reviews using a current expected credit loss model, we determined that, while there may be delays in our collections, the risk of credit loss on our accounts receivable as of April 30, 2020 was expected to be materially consistent with prior periods.

Deferred Revenue

Revenues recognized from amounts included in deferred revenue as of January 31, 2020 and 2019 were $254.6 million and $221.9 million during the three months ended April 30, 2020 and 2019, respectively.

Remaining Performance Obligations

Revenue allocated to remaining performance obligations represents contracted revenue that has not yet been recognized, which includes deferred revenue and non-cancelable amounts that will be invoiced and excludes performance obligations that are subject to cancellation terms. Our remaining performance obligations were $1.72 billion as of April 30, 2020, of which we expect to recognize approximately 58% as revenue over the next 12 months and the remainder thereafter.