Revenue Earned in Excess of Billings and Deferred Revenue

12 Months Ended

Dec. 31, 2012

Revenue Earned in Excess of Billings and Deferred Revenue

4. Revenue Earned in Excess of Billings and Deferred Revenue

Revenue earned in excess of billings at December 31, 2012 and 2011 is summarized as follows:

	2012			2011
	(In thousands)
Unbilled revenue for time-and-materials projects	$	13,656		$	8,640
Unbilled revenue for fixed-price projects, net of discounts		(1,781	)		(3,509	)
	$	11,875		$	5,131

Deferred revenue at December 31, 2012 and 2011 is summarized as follows:

	2012		2011
	(In thousands)
Deferred revenue on uncompleted fixed-price development contracts	$	3,465	$	8,683
Other deferred revenue		1,229		1,009
	$	4,694	$	9,692