Note 3 - Contracts With Customers

9 Months Ended

Sep. 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

nine

month periods ending

September 30, 2018

based on timing of revenue recognition (In thousands):

	Three months ended September 30, 2018		Nine months ended September 30, 2018
Subscription services recognized ratably over time	$	26,328	$	77,769
Services recognized at a point in time		784		2,685
Fixed, non-subscription recognized over time		996		2,775
Unit price services recognized over time		1,905		5,818
Total revenue	$	30,013	$	89,047

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

	September 30, 2018			Balance at 1/1/2018 as adjusted (1)
Accounts receivables	$	16,544		$	14,674
Contract assets included in other current assets	$	68		$	74
Deferred Revenue	$	(18,642	)	$	(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):

	Nine months ended September 30, 2018
	Contract Asset			Deferred Revenue
	Increase (Decrease)
Revenue recognized that was included in deferred revenue at beginning of period due to completion of services	$	-		$	(15,363	)
Increases due to invoicing of client, net of amounts recognized as revenue		-			17,522
Decreases due to completion of services (or portion of services) and transferred to accounts receivable		(71	)		-
Change due to cumulative catch-up adjustments arising from changes in expected contract consideration					(145	)
Decreases due to impairment		-			-
Increases due to revenue recognized in the period with additional performance obligations before invoicing		65			-

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

September 30, 2018

approximated

$578,000,

of which

$144,000,

$370,000

and

$64,000

will be recognized during the remainder of

2018,

2019

and

2020,

respectively.