XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.24.3

Disaggregation of Revenue, Deferred Revenue, Remaining Performance Obligations, Credit Risk and Capitalized Costs to Obtain a Contract (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents the disaggregation of revenue by revenue type, consistent with how the Company evaluates its financial performance, for the three and nine months ended September 30, 2024 and 2023 (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenues: |  |  |  |  |  |  |
Cloud subscription | $ | 175,809 |  |  | $ | 128,581 |  |  | $ | 488,669 |  |  | $ | 359,604 |
Self-managed subscription license | 65,498 |  |  | 81,705 |  |  | 171,422 |  |  | 189,132 |
Self-managed subscription support and other | 46,627 |  |  | 51,542 |  |  | 144,126 |  |  | 154,603 |
Subscription revenues | 287,934 |  |  | 261,828 |  |  | 804,217 |  |  | 703,339 |
Perpetual license | — |  |  | 205 |  |  | 21 |  |  | 1,024 |
Software revenue | 287,934 |  |  | 262,033 |  |  | 804,238 |  |  | 704,363 |
Maintenance | 115,309 |  |  | 124,267 |  |  | 349,469 |  |  | 374,493 |
Professional services | 19,238 |  |  | 22,263 |  |  | 58,006 |  |  | 71,126 |
Maintenance and professional services revenue | 134,547 |  |  | 146,530 |  |  | 407,475 |  |  | 445,619 |
Total revenues | $ | 422,481 |  |  | $ | 408,563 |  |  | $ | 1,211,713 |  |  | $ | 1,149,982 |
Revenue by geographic location for the three and nine months ended September 30, 2024 and 2023 (in thousands):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
North America | $ | 284,011 |  |  | $ | 278,604 |  |  | $ | 814,131 |  |  | $ | 786,230 |
EMEA | 96,077 |  |  | 89,713 |  |  | 271,442 |  |  | 247,707 |
Asia Pacific | 33,831 |  |  | 30,516 |  |  | 97,793 |  |  | 89,937 |
Latin America | 8,562 |  |  | 9,730 |  |  | 28,347 |  |  | 26,108 |
Total revenues | $ | 422,481 |  |  | $ | 408,563 |  |  | $ | 1,211,713 |  |  | $ | 1,149,982 |
Schedule of Capitalized Contract Cost | The changes in the capitalized costs to obtain a contract for the nine months ended September 30, 2024 were as follows (in thousands):
| Amount
Ending balance as of December 31, 2023 | $ | 237,991 |
Additions, net | 51,016 |
Commissions amortized | (62,359) |
Revaluation | 247 |
Ending balance as of September 30, 2024 | $ | 226,895 |

X
- Definition Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 340 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479483/340-40-50-3 + Details
Name: | us-gaap_CapitalizedContractCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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