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Unearned Revenue (Tables)
3 Months Ended
Mar. 31, 2020
Unearned Revenue  
Schedule of changes in unearned revenue

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31, 

(in thousands)

 

2020

    

2019

Balance, beginning of period

 

$

118,211

 

$

105,837

Billings, excluding billings for customer arrangements with termination rights

 

 

40,791

 

 

40,323

Additions to unearned revenue upon expiration of termination rights

 

 

4,645

 

 

5,000

Recognition of revenue, net of change in unbilled accounts receivable*

 

 

(49,609)

 

 

(48,281)

Balance, end of period

 

$

114,038

 

$

102,879

 

 

 

 

 

 

 

* Reconciliation to Revenue Reported per Condensed Consolidated Statement of Operations:

 

Three Months Ended

 

 

March 31, 

(in thousands)

 

2020

    

2019

Revenue billed as of the end of period

 

$

49,609

 

$

48,281

Increase (decrease) in total unbilled accounts receivable

 

 

89

 

 

(199)

Revenue Reported in Condensed Consolidated Statement of Operations

 

$

49,698

 

$

48,082