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Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following table provides information about disaggregated revenue by brand and includes a reconciliation of the disaggregated revenue with reportable segments (in thousands):

 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
 
Tech-Focused
Corporate & Other
Total
 
Tech-Focused
Corporate & Other
Total
   Dice
$
23,715

$
—

$
23,715

 
$
70,486

$
—

$
70,486

   ClearanceJobs
5,422

—

5,422

 
15,359

—

15,359

   Dice Europe (2)
461

—

461

 
3,008

—

3,008

   eFinancial Careers
8,388

—

8,388

 
25,418

—

25,418

   Hcareers (1)
—

—

—

 
—

5,329

5,329

   Rigzone (1)
—

931

931

 
—

3,771

3,771

   BioSpace (1)
—

—

—

 
—

212

212

Total
$
37,986

$
931

$
38,917

 
$
114,271

$
9,312

$
123,583

 
 
 
 
 
 
 
 
(1) The Company sold the RigLogix portion of the Rigzone business on February 20, 2018 and transferred majority ownership of the remaining Rigzone business to Rigzone management on August 31, 2018. Hcareers was sold on May 22, 2018 and the Company transferred majority ownership of BioSpace to BioSpace management on January 31, 2018.
(2) The Company ceased Dice Europe operations on August 31, 2018.
Schedule of Contract Balances
The following table provides information about opening and closing balances of receivables and contract liabilities from contracts with customers as required under Topic 606 (in thousands):
 
 
As of September 30, 2018
 
As of January 1, 2018
 
 
 
 
 
Receivables
 
$
19,080

 
$
38,769

Short-term contract liabilities (deferred revenue)
 
55,057

 
83,810

Long-term contract liabilities (deferred revenue)
 
1,368

 
—

During the three and nine months ended September 30, 2018, the Company recognized the following revenues as a result of changes in the contract liability balances in the respective periods (in thousands):
 
Three Months Ended September 30, 2018
 
Nine Months Ended September 30, 2018
Revenue recognized in the period from:
 
 
 
Amounts included in the contract liability at the beginning of the period
$
28,933

 
$
69,897
Schedule of Expected Timing of Satisfaction for Performance Obligations
Under the guidance of Topic 606, the following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):
 
Remainder of 2018
 
2019
 
2020
 
Total
Tech-focused
$
27,991

 
$
27,872

 
$
562

 
$
56,425
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
In accordance with Topic 606, the impact of adoption to our condensed consolidated statements of operations was as follows:
 
 
Three Months Ended September 30, 2018
(in thousands, except per share amounts)
As Reported
 
Balance Without Adoption of Topic 606
 
Effect of Change- Higher (Lower)
 
 
 
 
 
 
 
Revenues
$
38,917

 
$
38,917

 
$
—

Operating expenses
$
37,085

 
$
36,914

 
$
171

Loss on sale of business
$
(365
)
 
$
(63
)
 
$
302

Operating income
$
1,467

 
$
1,940

 
$
(473
)
Net income
$
930

 
$
1,285

 
$
(355
)
 
 
 
 
 
 
 
Basic earnings per share
$
0.02

 
$
0.03

 
$
(0.01
)
Diluted earnings per share
$
0.02

 
$
0.03

 
$
(0.01
)

 
 
Nine Months Ended September 30, 2018
(in thousands, except per share amounts)
As Reported
 
Balance Without Adoption of Topic 606
 
Effect of Change- Higher (Lower)
 
 
 
 
 
 
 
Revenues
$
123,583

 
$
123,545

 
$
38

Operating expenses
$
117,632

 
$
119,058

 
$
(1,426
)
Gain on sale of businesses
$
3,435

 
$
4,634

 
$
(1,199
)
Operating income
$
9,386

 
$
9,121

 
$
265

Net income
$
4,228

 
$
4,029

 
$
199

 
 
 
 
 
 
 
Basic earnings per share
$
0.09

 
$
0.08

 
$
0.01

Diluted earnings per share
$
0.09

 
$
0.08

 
$
0.01


In accordance with Topic 606, the impact of adoption to our condensed consolidated balance sheets was as follows:
 
As of September 30, 2018
(in thousands)
As Reported
 
Balance Without Adoption of Topic 606
 
Effect of Change-Higher (Lower)
 
 
 
 
 
 
ASSETS
 
 
 
 
 
Capitalized contract costs
$
6,313

 
$
—

 
$
6,313

Total assets
$
251,405

 
$
245,092

 
$
6,313

 
 
 
 
 
 
LIABILITIES AND STOCKHOLDERS' EQUITY
 
 
 
 
 
Deferred revenue
$
55,057

 
$
55,095

 
$
(38
)
Deferred income taxes
$
9,667

 
$
8,001

 
$
1,666

Total liabilities
$
107,469

 
$
105,841

 
$
1,628

Stockholders equity
 
 
 
 
 
Accumulated earnings
$
68,490

 
$
63,805

 
$
4,685

Total stockholders' equity
$
143,936

 
$
139,251

 
$
4,685

Total liabilities & stockholders' equity
$
251,405

 
$
245,092

 
$
6,313

 
 
 
 
 
 
    
In accordance with Topic 606, the impact of adoption to our condensed consolidated statements of cash flows was as follows:
 
Nine Months Ended September 30, 2018
 
As Reported
 
Balance Without Adoption of Topic 606
 
Effect of Change-Higher (Lower)
Cash flows from operating activities:
 
 
 
 
 
Net income
$
4,228

 
$
4,029

 
$
199

Adjustments to reconcile net income to net cash flows from operating activities:
 
 
 
 
 
Deferred income taxes
$
1,830

 
$
1,603

 
$
227

Gain on sale of businesses, net
$
(3,435
)
 
$
(4,634
)
 
$
1,199

Capitalized contract costs
$
(1,587
)
 
$
—

 
$
(1,587
)
Deferred revenue
$
(18,622
)
 
$
(18,584
)
 
$
(38
)
Net cash flows from operating activities
$
8,690

 
$
8,690

 
$
—