XML 43 R30.htm IDEA: XBRL DOCUMENT
v3.21.1

REVENUE (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
Revenue from Contract with Customer [Abstract] |
Schedule of revenue by geographic location | Geographic revenue
|  |  | Three Months Ended March 31,
(Dollars in thousands) |  |  |  |  | 2021 |  | 2020
U.S. |  |  |  |  |  |  | $ | 194,568 |  | 62 | % |  | $ | 172,417 |  | 65 | %
Other Americas |  |  |  |  |  |  | 11,901 |  | 4 | % |  | 15,342 |  | 6 | %
United Kingdom (“U.K.”) |  |  |  |  |  |  | 28,212 |  | 9 | % |  | 21,837 |  | 8 | %
Europe (excluding U.K.), Middle East, and Africa |  |  |  |  |  |  | 51,659 |  | 16 | % |  | 31,938 |  | 12 | %
Asia-Pacific |  |  |  |  |  |  | 27,159 |  | 9 | % |  | 24,057 |  | 9 | %
|  |  |  |  |  |  | $ | 313,499 |  | 100 | % |  | $ | 265,591 |  | 100 | %
Schedule of revenue streams | Revenue streams
|  |  | Three Months Ended March 31,
(in thousands) |  |  |  |  | 2021 |  | 2020
Perpetual license |  |  |  |  | $ | 5,452 |  |  | $ | 3,659 |
Term license |  |  |  |  | 111,509 |  |  | 90,257 |
Revenue recognized at a point in time |  |  |  |  | 116,961 |  |  | 93,916 |
Maintenance |  |  |  |  | 75,561 |  |  | 73,695 |
Pega Cloud |  |  |  |  | 67,858 |  |  | 43,466 |
Consulting |  |  |  |  | 53,119 |  |  | 54,514 |
Revenue recognized over time |  |  |  |  | 196,538 |  |  | 171,675 |
|  |  |  |  | $ | 313,499 |  |  | $ | 265,591 |
(in thousands) |  |  | Three Months Ended March 31,
|  |  |  | 2021 |  | 2020
Pega Cloud |  |  |  |  | $ | 67,858 |  |  | $ | 43,466 |
Maintenance |  |  |  |  | 75,561 |  |  | 73,695 |
Term license |  |  |  |  | 111,509 |  |  | 90,257 |
Subscription (1) |  |  |  |  | 254,928 |  |  | 207,418 |
Perpetual license |  |  |  |  | 5,452 |  |  | 3,659 |
Consulting |  |  |  |  | 53,119 |  |  | 54,514 |
|  |  |  |  | $ | 313,499 |  |  | $ | 265,591 |
(1) Reflects client arrangements subject to renewal (Pega Cloud, maintenance, and term license).
Revenue for remaining performance obligations expected to be recognized |
| March 31, 2021
(Dollars in thousands) | Perpetual license |  | Term license |  | Maintenance |  | Pega Cloud |  | Consulting |  | Total
1 year or less | $ | 9,649 |  |  | $ | 41,025 |  |  | $ | 220,100 |  |  | $ | 252,104 |  |  | $ | 21,068 |  |  | $ | 543,946 |  | 55 | %
1-2 years | 629 |  |  | 9,874 |  |  | 52,366 |  |  | 187,456 |  |  | 914 |  |  | 251,239 |  | 26 | %
2-3 years | — |  |  | 7,055 |  |  | 33,337 |  |  | 91,861 |  |  | 1,756 |  |  | 134,009 |  | 14 | %
Greater than 3 years | — |  |  | 377 |  |  | 16,834 |  |  | 32,895 |  |  | 510 |  |  | 50,616 |  | 5 | %
| $ | 10,278 |  |  | $ | 58,331 |  |  | $ | 322,637 |  |  | $ | 564,316 |  |  | $ | 24,248 |  |  | $ | 979,810 |  | 100 | %
| March 31, 2020
(Dollars in thousands) | Perpetual license |  | Term license |  | Maintenance |  | Pega Cloud |  | Consulting |  | Total
1 year or less | $ | 3,995 |  |  | $ | 30,962 |  |  | $ | 205,083 |  |  | $ | 174,277 |  |  | $ | 18,945 |  |  | $ | 433,262 |  | 58 | %
1-2 years | 2,168 |  |  | 5,088 |  |  | 34,633 |  |  | 125,473 |  |  | 1,215 |  |  | 168,577 |  | 22 | %
2-3 years | — |  |  | 6,504 |  |  | 19,411 |  |  | 81,187 |  |  | 107 |  |  | 107,209 |  | 14 | %
Greater than 3 years | — |  |  | 635 |  |  | 10,596 |  |  | 33,537 |  |  | 10 |  |  | 44,778 |  | 6 | %
| $ | 6,163 |  |  | $ | 43,189 |  |  | $ | 269,723 |  |  | $ | 414,474 |  |  | $ | 20,277 |  |  | $ | 753,826 |  | 100 | %

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph a -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 + Details
Name: | us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration