Revenue Earned in Excess of Billings and Deferred Revenue

12 Months Ended

Dec. 31, 2014

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, 2014 and 2013 is summarized as follows:

	2014		2013
	(In thousands)
Unbilled revenue for time-and-materials projects	$	16,408	$	12,708
Unbilled revenue for fixed-price projects, net of discounts		11,085		9,567
	$	27,493	$	22,275

Deferred revenue at December 31, 2014 and 2013 is summarized as follows:

	2014		2013
	(In thousands)
Deferred revenue on uncompleted fixed-price development contracts	$	1,501	$	3,523
Other deferred revenue		1,765		1,206
	$	3,266	$	4,729