Deferred Revenue and Advance Payments

(5) Deferred Revenue and Advance Payments

Deferred revenue and advance payments (in thousands) from customers consisted of the following, as of:


	September 30,			December 31,
	2012			2011
Current:
Deferred product licenses revenue	$	8,553		$	14,876
Deferred product support revenue		133,165			143,165
Deferred other services revenue		16,937			20,397

Gross current deferred revenue and advance payments		158,655			178,438
Less: unpaid deferred revenue		(56,272	)		(75,239	)

Net current deferred revenue and advance payments	$	102,383		$	103,199


Non-current:
Deferred product licenses revenue	$	2,852		$	3,528
Deferred product support revenue		7,265			9,453
Deferred other services revenue		3,591			960

Gross non-current deferred revenue and advance payments		13,708			13,941
Less: unpaid deferred revenue		(4,032	)		(3,100	)

Net non-current deferred revenue and advance payments	$	9,676		$	10,841

The Company offsets its accounts receivable and deferred revenue for any unpaid items included in deferred revenue and advance payments.

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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