XML 98 R26.htm IDEA: XBRL DOCUMENT v3.20.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2020
Revenue From Contract With Customer [Abstract]  
Schedule of Allowance for Credit Losses

The following table presents the activity in the allowance for credit losses for the three months ended March 31, 2020 (in thousands):

 

 

Three Months Ended March 31, 2020

 

Beginning balance, prior to adoption of Topic 326

 

$

566

 

Impact of adopting Topic 326

 

 

 

Provision for credit loss expense (1)

 

 

2,213

 

Recoveries/charged-off

 

 

(269

)

Balance at end of period

 

$

2,510

 

(1) The increase in provision for credit loss expense was based on assessment of current conditions including the COVID-19 pandemic and anticipation of delayed or delinquent payments on existing accounts receivable as a result of declining financial health and liquidity positions of certain of our customers.

Schedule of Revenue Recognized in Period

The following table presents additional revenue and contract disclosures (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

2020

 

 

2019

 

Revenue recognized in the period from:

 

 

 

 

 

 

 

 

Amounts included in deferred revenue at the beginning of

   the period

 

$

50

 

 

$

1,043

 

Performance obligations satisfied in previous periods (true

   ups, licensee reporting adjustments and settlements)*

 

$

47,511

 

 

$

1,165

 

 

*True ups represent the differences between the Company’s quarterly estimates of per unit royalty revenue and actual production/sales-based royalties reported by licensees in the following period. Licensee reporting adjustments represent corrections or revisions to previously reported per unit royalties by licensees, generally resulting from the Company’s inquiries or compliance audits. Settlements represent resolutions of litigation during the period for past royalties owed pursuant to expired or terminated IP license agreements.

Schedule of Remaining Performance Obligations The Company's remaining revenue under contracts with performance obligations was as follows (in thousands):

 

 

 

As of

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Revenue from contracts with performance obligations expected to be satisfied in:

 

 

 

 

 

 

 

 

One year or less

 

$

5,083

 

 

$

5,337

 

More than one year but less than two years

 

 

990

 

 

 

990

 

More than two years

 

 

345

 

 

 

345

 

Total

 

$

6,418

 

 

$

6,672