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Revenue From Contracts With Customers (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table is a summary of net revenues by geographic area (in thousands):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2018
 
2017
 
2018
 
2017
Net revenues by geographic area:
 
 
 
 
 
 
 
Latin America
$
19,910

 
$
34,561

 
$
37,356

 
$
53,318

North America
13,095

 
9,374

 
25,452

 
30,639

Europe
8,202

 
11,137

 
19,811

 
28,201

Asia Pacific
3,718

 
3,733

 
11,581

 
15,318

Africa
1,121

 
1,187

 
8,362

 
2,660

Middle East
717

 
632

 
1,907

 
1,713

Commonwealth of Independent States
437

 
471

 
982

 
7,803

Total
$
47,200

 
$
61,095

 
$
105,451

 
$
139,652

Contract with Customer, Asset and Liability
The following table is a summary of deferred revenues (in thousands):
 
September 30, 2018
 
December 31, 2017
New Venture
$
7,880

 
$
6,548

Imaging Services
271

 
676

Devices
1,198

 
633

Optimization Software & Services
978

 
1,053

Total
$
10,327

 
$
8,910

The changes in deferred revenues were as follows (in thousands):
 
 
Deferred revenue at December 31, 2017
$
8,910

Cash collected in excess of revenue recognized
21,654

Recognition of deferred revenue (a)
(20,237
)
Deferred revenue at September 30, 2018
$
10,327

(a) 
The majority of deferred revenue recognized relates to Company’s Ventures group.
The following table is a summary of unbilled receivables (in thousands):
 
September 30, 2018
 
December 31, 2017
New Venture
$
20,056

 
$
33,183

Imaging Services
4,685

 
4,121

Devices
983

 

Total
$
25,724

 
$
37,304

The changes in unbilled receivables were as follows (in thousands):
 
 
 Unbilled Receivables at December 31, 2017
$
37,304

 Recognition of unbilled receivables
86,212

 Revenues billed to customers
(97,792
)
Unbilled receivables at September 30, 2018
$
25,724