DEFERRED REVENUE

9 Months Ended

Sep. 30, 2016

10.

DEFERRED REVENUE


(in thousands)	September 30, 2016		December 31, 2015

Software license	$	28,630	$	40,886

Maintenance		95,378		95,262

Cloud		10,123		8,948

Services		6,327		10,777


Current deferred revenue		140,458		155,873


Software license		6,929		12,389

Maintenance		1,701		2,227

Cloud		1,598		1,189


Long-term deferred revenue		10,228		15,805


	$	150,686	$	171,678

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

+ References + Details