Note 3 - Contracts With Customers

6 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Revenue from Contract with Customer [Text Block]

3. CONTRACTS WITH CUSTOMERS

The following table disaggregates revenue for the

three

and

six

month periods ending

June 30, 2018

based on timing of revenue recognition (In thousands):

	Three months ended June 30, 2018		Six months ended June 30, 2018
Subscription services recognized ratably over time	$	25,653	$	51,441
Services recognized at a point in time		157		1,902
Fixed, non-subscription recognized over time		487		1,779
Unit price services, recognized over time		1,720		3,912
Total revenue	$	28,017	$	59,034

 The following table provides information about receivables, contract assets, and contract liabilities from contracts with customers (In thousands):

	June 30, 2018			Balance at 1/1/2018 as adjusted (1)
Accounts receivables	$	10,689		$	14,674
Contract assets included in other current assets	$	72		$	74
Deferred Revenue	$	(16,660	)	$	(16,642	)

( 1 ) Represents the December 31, 2017 balance adjusted for the ASC 606 transition adjustments.

Significant changes in contract assets and contract liabilities during

2018

are as follows (in thousands):

	Three months ended June 30, 2018						Six months ended June 30, 2018
	Contract Asset			Deferred Revenue			Contract Asset			Deferred Revenue
							Increase (Decrease)
Revenue recognized that was included in deferred revenue at beginning of year due to completion of services	$	-		$	(7,733	)	$	-		$	(13,577	)
Increases due to invoicing of client, net of amounts recognized as revenue		-			7,558			-			13,796
Decreases due to completion of services (or portion of services) and transferred to accounts receivable		(41	)		-			(58	)		-
Change due to cumulative catch-up adjustments arising from changes in expected contract consideration					(84	)					(153	)
Decreases due to impairment		-			-			-			-
Increases due to revenue recognized in the period with additional performance obligations before invoicing		25			-			56			-

The Company has elected to apply the practical expedient to

not

disclose the value of unsatisfied performance obligations for contracts with an original expected length of

one

year or less. Total remaining contract revenue for contracts with original duration of greater than

one

year expected to be recognized in the future related to performance obligations that are unsatisfied at

June 30, 2018

approximated

$678,000,

of which

$341,000,

$284,000

and

$53,000

will be recognized during the remainder of

2018,

2019

and

2020,

respectively.