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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2018
Revenue from Contract with Customer [Abstract]  
Summary of Activity of Deferred Revenue and Customer Advances

The following is a summary of the activity of the Company’s deferred revenue and customer advances for the year ended December 31, 2018, 2017 and 2016 (in thousands):

 

     December 31,  
     2018     2017     2016  

Balance at the beginning of the period

   $ 192,589     $ 173,780     $ 170,201  

Recognition of revenue included in balance at beginning of the period

     (159,258     (143,589     (140,688

Revenue deferred during the period, net of revenue recognized

     170,926       162,398       144,267  
  

 

 

   

 

 

   

 

 

 

Balance at the end of the period

   $ 204,257     $ 192,589     $ 173,780  
  

 

 

   

 

 

   

 

 

 
Schedule of Amount of Deferred Revenue and Customer Advances

The amount of deferred revenue and customer advances equals the transaction price allocated to unfulfilled performance obligations for the period presented. Such amounts are expected to be recognized in the future as follows (in thousands):

 

     December 31, 2018  

Deferred revenue and customer advances expected to be recognized:

  

In one year or less

   $ 164,965  

In 13-24 months

     22,856  

In 25 months and beyond

     16,436  
  

 

 

 

Total

   $ 204,257