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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table summarizes revenue from contracts with customers for the three and six months ended June 30, 2018 by our key vertical markets:
In thousands
 
For the three months ended June 30, 2018
 
For the six months ended June 30, 2018
B2B
 
$
14,800

 
$
33,483

Consumer Brands
 
15,828

 
35,171

Financial Services
 
14,441

 
28,922

Healthcare
 
4,083

 
8,461

Retail
 
15,836

 
32,215

Transportation
 
4,645

 
12,577

    Total Revenues
 
$
69,633

 
$
150,829

The following tables summarize revenue from contracts with customers for the three and six months ended June 30, 2018 by our four major revenue streams and the pattern of revenue recognition:
 
 
Three Months Ended June 30, 2018
In thousands
 
Revenue for performance obligations recognized
over time
 
Revenue for performance obligations recognized at a point in time
 
Total
Agency & Digital Services
 
$
7,186

 
$
314

 
$
7,500

Database Marketing Solutions
 
8,365

 
539

 
8,904

Direct Mail, Logistics, and Fulfillment
 
32,553

 
2,403

 
34,956

Contact Centers
 
18,273

 

 
18,273

    Total Revenues
 
$
66,377

 
$
3,256

 
$
69,633


 
 
For the six months ended June 30, 2018
In thousands
 
Revenue for performance obligations recognized
over time
 
Revenue for performance obligations recognized at a point in time
 
Total
Agency & Digital Services
 
$
22,022

 
$
590

 
$
22,612

Database Marketing Solutions
 
16,653

 
1,821

 
18,474

Direct Mail, Logistics, and Fulfillment
 
62,665

 
4,540

 
67,205

Contact Centers
 
42,538

 

 
42,538

    Total Revenues
 
$
143,878

 
$
6,951

 
$
150,829

Contract Balances
The following table summarizes our contract balances as of January 1, 2018 and June 30, 2018:
In thousands
 
June 30, 2018
 
January 1, 2018
Contract assets
 
$
2,648

 
$
7,120

Deferred revenue and customer advances
 
6,749

 
5,906

Deferred revenue, included in other long-term liabilities
 
454

 
341

Cumulative Effect of Changes
The following table shows the cumulative effect of the changes made to the accounts on the Condensed Consolidated Balance Sheet as of January 1, 2018 (in thousands):

 
As Reported
 
 
 
Adjusted
 
December 31, 2017
 
Cumulative Adjustments
 
January 1,
2018
ASSETS
 

 

 

Accounts receivable, net
 
$
81,397

 
$
(6,710
)
 
$
74,687

Contract assets
 

 
7,120

 
7,120

Other current assets
 
3,900

 
373

 
4,273

Other assets
 
3,230

 
1,018

 
4,248


 

 

 

LIABILITIES
 

 


 


Deferred revenue and related expenses
 
5,342

 
564

 
5,906

Deferred income taxes
 
773

 
119

 
892

Other current liabilities
 
3,732

 
245

 
3,977

Other long-term liabilities
 
4,201

 
302

 
4,503


 

 

 

STOCKHOLDERS’ EQUITY
 

 

 

Retained earnings
 
794,583

 
571

 
795,154