XML 25 R11.htm IDEA: XBRL DOCUMENT
v3.19.1

REVENUES | 3 Months Ended
--- | ---
Mar. 31, 2019
Revenue from Contract with Customer [Abstract] |
REVENUES | REVENUES The following tables present a disaggregation of our revenue from contracts with customers by distribution channel for the three months ended March 31, 2019 and 2018:
| Three Months Ended March 31, 2019
| North America |  | Europe |  | Asia-Pacific |  | Total
| (in thousands)
Direct: |  |  |  |  |  |  |
Relationship-led | $ | 271,411 |  |  | $ | 97,041 |  |  | $ | 33,420 |  |  | $ | 401,872 |
Technology-enabled | 341,241 |  |  | 45,828 |  |  | 28,327 |  |  | 415,396 |
| 612,652 |  |  | 142,869 |  |  | 61,747 |  |  | 817,268 |
Wholesale | 65,771 |  |  | — |  |  | — |  |  | 65,771 |
| $ | 678,423 |  |  | $ | 142,869 |  |  | $ | 61,747 |  |  | $ | 883,039 |
| Three Months Ended March 31, 2018
| North America |  | Europe |  | Asia-Pacific |  | Total
| (in thousands)
Direct: |  |  |  |  |  |  |
Relationship-led | $ | 226,420 |  |  | $ | 92,214 |  |  | $ | 35,242 |  |  | $ | 353,876 |
Technology-enabled | 283,358 |  |  | 51,063 |  |  | 22,429 |  |  | 356,850 |
| 509,778 |  |  | 143,277 |  |  | 57,671 |  |  | 710,726 |
Wholesale | 84,251 |  |  | — |  |  | — |  |  | 84,251 |
| $ | 594,029 |  |  | $ | 143,277 |  |  | $ | 57,671 |  |  | $ | 794,977 |
ASC 606 requires that we determine for each customer arrangement whether revenue should be recognized at a point in time or over time. For the three months ended March 31, 2019 and 2018, substantially all of our revenues were recognized over time. Supplemental balance sheet information related to contracts from customers as of March 31, 2019 and 2018 was as follows:
| Balance Sheet Location |  | March 31, 2019 |  | December 31, 2018
|  |  | (in thousands)
Assets: |  |  |  |  |
Capitalized costs to obtain customer contracts, net | Other noncurrent assets |  | $ | 201,896 |  |  | $ | 194,616 |
Capitalized costs to fulfill customer contracts, net | Other noncurrent assets |  | $ | 16,282 |  |  | $ | 12,954 |
Liabilities: |  |  |  |  |
Contract liabilities, net (current) | Accounts payable and accrued liabilities |  | $ | 140,808 |  |  | $ | 146,947 |
Contract liabilities, net (noncurrent) | Other noncurrent liabilities |  | $ | 9,045 |  |  | $ | 8,595 |
Revenue recognized for the three months ended March 31, 2019 and 2018 from contract liability balances at the beginning of the period was $58.5 million and $40.6 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration