Revenue (Tables) - Cypress Holdings Inc And Subsidiaries [Member]

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Contract With Customer Asset And Liability [Line Items]

Summary of receivables contract assets and contract liabilities from contracts with customers

The opening and closing balances of the Company’s receivables, contract assets and contract liabilities from contracts with customers are as follows (in thousands):

	June 30,     2021		December 31, 2020
Accounts receivables-Net of allowances	$	81,817	$	74,107
Deferred contract costs		12,681		11,917
Long-term deferred contract costs		15,986		14,389
Deferred revenues		28,824		26,514
Other liabilities (deferred revenues, non-current)		1,932		2,001

The opening and closing balances of the Company’s receivables, contract assets and contract liabilities from contracts with customers are as follows (in thousands):

	December 31, 2020		December 31, 2019		January 1, 2019
Accounts receivables-Net of allowances	$	74,107	$	63,613	$	59,252
Deferred contract costs		11,917		10,807		6,526
Long-term deferred contract costs		14,389		12,463		9,432
Deferred revenues		26,514		25,096		22,787
Other liabilities (deferred revenues, non-current)		2,001		1,160		—

Summary of deferred revenue

A summary of the activity impacting deferred revenue balances during the three and six months ended June 30, 2021 and 2020, is presented below (in thousands):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2021			2020			2021			2020
Balance at beginning of period	$	30,109		$	27,874		$	28,515		$	26,256
Revenue recognized1		(82,159	)		(71,159	)		(163,121	)		(148,065	)
Additional amounts deferred1		82,806			71,963			165,362			150,487
Balance at end of period	$	30,756		$	28,678		$	30,756		$	28,678

1  Amounts include total revenue deferred and recognized during each respective period.

A summary of the activity impacting deferred revenue balances during the years ended December 31, 2020 and 2019 is presented below (in thousands):

	2020			2019
Balance at beginning of period	$	26,256		$	22,787
Revenue recognized1		(305,812	)		(283,383	)
Additional amounts deferred1		308,071			286,852
Balance at end of period	$	28,515		$	26,256

Summary of deferred contract costs

A summary of the activity impacting the deferred contract costs during the three and six months ended June 30, 2021 and 2020 is presented below (in thousands):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2021			2020			2021			2020
Balance at beginning of period	$	26,554		$	23,608		$	26,361		$	23,270
Costs amortized		(3,612	)		(2,957	)		(7,317	)		(6,053	)
Additional amounts deferred		5,725			3,433			9,623			6,867
Balance at end of period	$	28,667		$	24,084		$	28,667		$	24,084
Classified as:
Current	$	12,681		$	10,679		$	12,681		$	10,679
Non-current		15,986			13,405			15,986			13,405
Total deferred contract costs	$	28,667		$	24,084		$	28,667		$	24,084

A summary of the activity impacting the deferred contract costs during the years ended December 31, 2020 and 2019 is presented below (in thousands):

	2020			2019
Balance at beginning of period	$	23,270		$	—
Adoption of ASC 606		—			15,958
Costs amortized		(12,446	)		(9,375	)
Additional amounts deferred		15,482			16,687
Balance at end of period	$	26,306		$	23,270
Classified as:
Current	$	11,917		$	10,807
Non-current		14,389			12,463
Total deferred contract costs	$	26,306		$	23,270