REVENUE (Tables)

6 Months Ended

Jun. 30, 2018

Disaggregation of Revenue

Geographic revenue

	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2018			2017			2018			2017
U.S.	$	110,349	55%	$	102,098	55%	$	224,334	52%	$	271,760	62%
Other Americas		9,627	5%		13,177	7%		27,342	6%		23,583	5%
United Kingdom (“U.K.”)		23,079	12%		22,524	12%		49,173	11%		48,866	11%
Europe (excluding U.K.), Middle East, and Africa		27,070	14%		26,237	14%		58,896	14%		50,448	11%
Asia-Pacific		26,654	14%		22,560	12%		72,216	17%		48,248	11%
Total revenue	$	196,779	100%	$	186,596	100%	$	431,961	100%	$	442,905	100%

Major products and services

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2018		2017		2018		2017
Perpetual license	$	13,475	$	31,297	$	36,553	$	69,196
Term license		31,309		19,853		96,004		108,962
Revenue recognized at a point in time		44,784		51,150		132,557		178,158
Maintenance		65,906		59,424		130,431		118,137
Cloud		20,201		12,525		35,783		22,927
Consulting and training		65,888		63,497		133,190		123,683
Revenue recognized over time		151,995		135,446		299,404		264,747
Total revenue	$	196,779	$	186,596	$	431,961	$	442,905

Committed Not Recognized Revenue Expected to be Recognized

Committed not recognized revenue is expected to be recognized in the future as follows:

(in thousands)	June 30, 2018
Remainder of 2018	$	213,244
2019		140,209
2020		63,603
2021 and thereafter		59,604
	$	476,660

Total Revenue of Major Clients

Clients accounting for 10% or more of the Company’s total revenue were as follows:

	Three Months Ended              June 30,				Six Months Ended              June 30,
(in thousands)	2018		2017		2018		2017
Total revenue	$	196,779	$	186,596	$	431,961	$	442,905
Client A		*		11%		*		*

  *Client accounted for less than 10% of total revenue.