DEFERRED REVENUES

3 Months Ended

Apr. 30, 2016

DEFERRED REVENUES [Abstract]

DEFERRED REVENUES

11. DEFERRED REVENUES

Deferred revenues consisted of the following:

	April 30, 2016		January 31, 2016
	(in thousands)
Deferred maintenance revenue	$	73,594	$	79,533
Deferred subscription revenue		15,397		14,194
Deferred services revenue		1,984		2,332
Deferred license revenue		1,248		1,549
Deferred other revenue		417		303
Deferred revenues, current		92,640		97,911
Deferred revenues, non-current (in Other liabilities)		1,486		1,690
Total deferred revenues	$	94,126	$	99,601

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 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. 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.