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REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Assets and Liabilities Associated with Contracts from Customers

The following table provides information about assets and liabilities associated with our contracts from customers (in thousands):

 

 

 

As of March 31, 2021

 

Accounts receivable

 

$

91,327

 

Short-term unbilled receivables

 

 

24,900

 

Long-term unbilled receivables

 

 

 

Short-term deferred revenue

 

 

128,546

 

Long-term deferred revenue

 

 

49,578

 

Summary of Significant Changes in Unbilled Receivables and Deferred Liabilities Balances

Significant changes in the unbilled receivables and deferred liabilities balances for the three months ended March 31, 2021 and 2020, are as follows (in thousands):

 

 

 

Three Months Ended March 31, 2021

 

 

 

Unbilled Receivables

 

 

Deferred Revenue

 

Balance at December 31, 2020

 

$

10,429

 

 

$

(162,301

)

Revenue recognized that was previously included in deferred revenue

 

 

 

 

 

33,439

 

Increases due to cash received

 

 

 

 

 

(53,000

)

Cumulative catch-up adjustment arising from changes in estimates of

   transaction price

 

 

 

 

 

3,738

 

Unbilled receivables recognized

 

 

20,471

 

 

 

 

Transferred to receivables from unbilled receivables

 

 

(6,000

)

 

 

 

Net change

 

 

14,471

 

 

 

(15,823

)

Balance at March 31, 2021

 

$

24,900

 

 

$

(178,124

)

 

 

 

Three Months Ended March 31, 2020

 

 

 

Unbilled Receivables

 

 

Deferred Revenue

 

Balance at December 31, 2019

 

$

1,362

 

 

$

(144,862

)

Revenue recognized that was previously included in deferred revenue

 

 

 

 

 

38,749

 

Increases due to cash received

 

 

 

 

 

(43,685

)

Cumulative catch-up adjustment arising from changes in estimates of

   transaction price

 

 

 

 

 

367

 

Unbilled receivables recognized

 

 

1,395

 

 

 

 

Net change

 

 

1,395

 

 

 

(4,569

)

Balance at March 31, 2020

 

$

2,757

 

 

$

(149,431

)