DEFERRED REVENUES

3 Months Ended

Apr. 30, 2015

11. DEFERRED REVENUES

Deferred revenues consisted of the following:

	April 30, 2015		January 31, 2015
	(in thousands)
Deferred maintenance revenue	$	75,744	$	86,381
Deferred subscription revenue		11,622		11,563
Deferred services revenue		2,621		2,813
Deferred license revenue		1,028		1,890
Deferred other revenue		393		74
Deferred revenues, current		91,408		102,721
Deferred revenues, non-current (in Other liabilities)		2,114		2,361
Total deferred revenues	$	93,522	$	105,082

Deferred maintenance and subscription revenues represent customer payments made in advance for support and subscription contracts. Support and subscription are billed in advance with corresponding revenues being recognized ratably over the support and subscription periods. Support is typically billed annually while subscription is typically billed quarterly. Deferred license revenues result from undelivered products or specified enhancements, customer specific acceptance provisions and software license transactions that cannot be segmented from undelivered consulting or other services. Deferred services revenues represent both prepayments for our professional services where revenues for these services are generally recognized as the Company completes the performance obligations for the prepaid services; and services already provided but deferred due to software revenue recognition rules.