Revenues (Tables)

9 Months Ended

Sep. 30, 2018

Revenue, Initial Application Period Cumulative Effect Transition [Line Items]

Recent Accounting Pronouncements

The cumulative effect of the changes made to our consolidated balance sheet as of January 1, 2018 for the adoption of Topic 606 is as follows (in thousands):

	January 1, 2018		Adjustments due to ASU No. 2014-09			December 31, 2017
Balance Sheet
Assets
Accounts receivable, net	$	234,195	$	—		$	234,195
Liabilities
Deferred revenue, current	93,656		(1,599		)	95,255
Deferred revenue, noncurrent	47		—			47
Equity
Retained earnings	$	724,661	$	1,599		$	723,062

The following tables summarize the impact of adopting Topic 606 on the Company’s consolidated financial statements (in thousands):

	September 30, 2018
	As Reported		Adjustments			Balances Without Adoption of ASC 606
Balance Sheet
Assets
Accounts receivable, net	$	176,758	$	—		$	176,758
Liabilities
Deferred revenue, current	126,931		(6,103		)	120,828
Deferred revenue, noncurrent	5,546		—			5,546
Equity
Retained earnings	$	740,433	$	6,103		$	746,536

	Three Months Ended September 30, 2018						Nine Months Ended September 30, 2018
	As Reported		Adjustments		Amounts Without Adoption of ASC 606		As Reported		Adjustments		Amounts Without Adoption of ASC 606
Statement of Income
Revenues
Total revenues	$	292,724	$	2,882	$	295,606	$	861,236	$	7,702	$	868,938
Expenses
Total expenses	262,001		—		262,001		783,164		—		783,164
Net income	30,723		2,882		33,605		78,072		7,702		85,774
Diluted EPS impact	$	0.61	$	0.06	$	0.67	$	1.57	$	0.16	$	1.73

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]

Revenues from external customers classified by revenue source are as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
Digital Media	2018			2017			2018			2017
Advertising	$	107,864		$	109,291		$	315,689		$	308,985
Subscription	34,791			17,912			95,718			47,987
Other (1)	—			662			—			12,498
Total Digital Media revenues	$	142,655		$	127,865		$	411,407		$	369,470
Cloud Services
Subscription	$	149,892		$	144,564		$	449,341		$	428,314
Other	202			1,223			535			3,725
Total Cloud Services revenues	$	150,094		$	145,787		$	449,876		$	432,039
Corporate	$	2		$	—		$	4		$	—
Elimination of inter-segment revenues	(27		)	(36		)	(51		)	(51		)
Total Revenues	$	292,724		$	273,616		$	861,236		$	801,458
Timing of revenue recognition
Point in time	$	1,019		$	6,690		$	2,960		$	15,574
Over time	291,705			266,926			858,276			785,884
Total	$	292,724		$	273,616		$	861,236		$	801,458

⁽¹⁾ In the second quarter of 2018, the Company reclassified the Other revenues associated with its Digital Media segment to Advertising revenue.