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Revenue Recognition (Tables)
12 Months Ended
Sep. 30, 2020
Revenue From Contract With Customer [Abstract]  
Summary of Revenues Classified by Major Geographic Region

Revenues, classified by the major geographic region in which our customers are located, for the fiscal years ended September 30, 2020, 2019 and 2018 (dollars in thousands):

 

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(ASC 606)

 

 

(ASC 606)

 

 

(ASC 605)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

128,381

 

 

$

131,877

 

 

$

109,564

 

Other Americas

 

 

16

 

 

 

1,044

 

 

 

1,492

 

Germany

 

 

100,674

 

 

 

78,258

 

 

 

64,417

 

Other Europe, Middle East and Africa

 

 

25,394

 

 

 

20,478

 

 

 

16,755

 

Japan

 

 

50,936

 

 

 

44,472

 

 

 

57,303

 

Other Asia-Pacific

 

 

24,245

 

 

 

27,186

 

 

 

27,453

 

Total net revenues (1)

 

$

329,646

 

 

$

303,315

 

 

$

276,984

 

 

 

(1)

As a result of our adoption of ASC 606 effective October 1, 2018 using the modified retrospective method, prior period amounts have not been adjusted to conform with ASC 606 and therefore may not be comparable.

Summary of Significant Changes in Contract Assets and Deferred Revenue The table below shows significant changes in contract assets (dollars in thousands):

 

 

Contract assets

 

Balance as of October 1, 2018

 

$

6,470

 

Revenues recognized but not billed

 

 

42,661

 

Amounts reclassified to accounts receivable, net

 

 

(39,912

)

Balance as of September 30, 2019

 

$

9,219

 

Revenues recognized but not billed

 

 

52,682

 

Amounts reclassified to accounts receivable, net

 

 

(31,624

)

Balance as of September 30, 2020

 

$

30,277

 

 

The table below shows significant changes in deferred revenue (dollars in thousands):

 

 

Deferred revenue

 

Balance as of October 1, 2018

 

$

335,252

 

Amounts billed but not recognized

 

 

117,201

 

Revenue recognized

 

 

(99,169

)

Balance as of September 30, 2019

 

$

353,284

 

Amounts billed but not recognized

 

 

96,126

 

Revenue recognized

 

 

(124,317

)

Balance as of September 30, 2020

 

$

325,093

 

 

Deferred revenue consisted of the following (dollars in thousands):

 

 

 

September 30,

 

 

 

2020

 

 

2019

 

Current Liabilities:

 

 

 

 

 

 

 

 

Unearned revenue

 

$

112,520

 

 

$

88,233

 

Total

 

$

112,520

 

 

$

88,233

 

Non-current Liabilities:

 

 

 

 

 

 

 

 

Unearned revenue

 

 

212,573

 

 

 

265,051

 

Total

 

$

212,573

 

 

$

265,051

 

 

Summary of Estimated Revenue Expected to be Recognized in Future Related to Performance Obligations Unsatisfied or Partially Unsatisfied

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at September 30, 2020 (dollars in thousands):

 

 

 

Within One

Year

 

 

Two to Five

Years

 

 

Greater

than

Five Years

 

 

Total

 

Total revenue

 

$

148,936

 

 

$

189,538

 

 

$

49,010

 

 

$

387,484