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DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
May 31, 2019
ASU 2014-09 [Member]  
Summary of Disaggregation of Revenue by Type of Goods and Services and by Timing of Revenue Recognition

We disaggregate revenue from contracts with customers into reportable segments, geography, type of goods and services and timing of revenue recognition. See Note 17 for our revenue by segment and geography. The disaggregation of revenue by type of goods and services and by timing of revenue recognition was as follows (in thousands):

 

 

Three Months Ended

 

 

May 31,

 

 

2019

 

 

2018

 

Revenue by type of goods and services:

 

 

 

 

 

 

 

Products

$

68,168

 

 

$

81,136

 

Professional services

 

1,947

 

 

 

1,229

 

Recurring application subscriptions

 

18,955

 

 

 

12,523

 

Total

$

89,070

 

 

$

94,888

 

 

 

Three Months Ended

 

 

May 31,

 

 

2019

 

 

2018

 

Revenue by timing of revenue recognition:

 

 

 

 

 

 

 

Revenue recognized at a point in time

$

68,168

 

 

$

81,136

 

Revenue recognized over time

 

20,902

 

 

 

13,752

 

Total

$

89,070

 

 

$

94,888

 

 

Product revenues presented in the table above include devices sold on a stand-alone basis and recognized at a point in time. Recurring application subscriptions revenues include the amortization for customized devices functional only with application subscriptions.