Revenue Recognition

3 Months Ended

Mar. 31, 2024

Revenue Recognition

Revenue Recognition

11.Revenue Recognition

Contract Balances

Our valuation and qualifying accounts as of March 31, 2024 were as follows:

	For the Three Months Ended
	March 31, 2024
	(In thousands)
Balance at beginning of period	$	53,991
Current period provision for expected credit losses		17,370
Write-offs charged against allowance		(9,259)
Acquisitions		—
Balance at end of period	$	62,102

Contract liabilities arise when we bill our customers and receive consideration in advance of providing the service. Contract liabilities are recognized as revenue when the service has been provided to the customer. Contract liabilities are recorded in “Deferred revenue and other” and “Long-term deferred revenue and other long-term liabilities” on our Condensed Consolidated Balance Sheets.

The following table summarizes our contract liability balances:

	As of
	March 31,		December 31,
	2024		2023
	(In thousands)
Contract liabilities	$	556,448	$	586,867

Our beginning of period contract liability recorded as customer contract revenue during 2024 was $557 million.

Performance Obligations

Pay-TV and Retail Wireless Segments

We apply a practical expedient and do not disclose the value of the remaining performance obligations for contracts that are less than one year in duration, which represent a substantial majority of our revenue. As such, the amount of revenue related to unsatisfied performance obligations is not necessarily indicative of our future revenue.

Contract Acquisition Costs

The following table presents the activity in our contract acquisition costs, net:

	For the Three Months Ended
	March 31,
	2024		2023
	(In thousands)
Balance at beginning of period	$	287,276	$	381,401
Additions		52,275		84,214
Amortization expense		(81,454)		(97,557)
Balance at end of period	$	258,097	$	368,058