Deferred Revenue

3 Months Ended

Mar. 31, 2016

Deferred revenue consisted of the following as of the dates below (in thousands):



	As of March 31, 2016		As of December 31, 2015
Product, current	$	8,083	$	8,200
Subscription and services, current	321,012		296,969
Total deferred revenue, current	329,095		305,169
Product, non-current	3,231		3,051
Subscription and services, non-current	233,756		218,778
Total deferred revenue, non-current	236,987		221,829
Total deferred revenue	$	566,082	$	526,998

For the three months ended March 31, 2016, deferred revenue includes $21.1 million assumed in connection with acquisitions.

- 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.

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