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REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 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 June 30, 2021

 

Accounts receivable

 

$

99,629

 

Short-term unbilled receivables

 

 

29,357

 

Long-term unbilled receivables

 

 

100

 

Short-term deferred revenue

 

 

122,978

 

Long-term deferred revenue

 

 

46,174

 

Summary of Significant Changes in Unbilled Receivables and Deferred Liabilities Balances

Significant changes in the unbilled receivables and deferred liabilities balances for the six months ended June 30, 2021 and 2020, are as follows (in thousands):

 

 

 

Six Months Ended June 30, 2021

 

 

 

Unbilled Receivables

 

 

Deferred Revenue

 

Balance at December 31, 2020

 

$

10,429

 

 

$

(162,301

)

Revenue recognized that was previously included in deferred revenue

 

 

 

 

 

81,458

 

Increases due to cash received

 

 

 

 

 

(92,816

)

Cumulative catch-up adjustment arising from changes in estimates of

   transaction price

 

 

 

 

 

4,507

 

Unbilled receivables recognized

 

 

25,028

 

 

 

 

Transferred to receivables from unbilled receivables

 

 

(6,000

)

 

 

 

Net change

 

 

19,028

 

 

 

(6,851

)

Balance at June 30, 2021

 

$

29,457

 

 

$

(169,152

)

 

 

 

Six Months Ended June 30, 2020

 

 

 

Unbilled Receivables

 

 

Deferred Revenue

 

Balance at December 31, 2019

 

$

1,362

 

 

$

(144,862

)

Revenue recognized that was previously included in deferred revenue

 

 

 

 

 

48,249

 

Increases due to cash received

 

 

 

 

 

(75,683

)

Cumulative catch-up adjustment arising from changes in estimates of

   transaction price

 

 

 

 

 

829

 

Unbilled receivables recognized

 

 

9,566

 

 

 

 

Net change

 

 

9,566

 

 

 

(26,605

)

Balance at June 30, 2020

 

$

10,928

 

 

$

(171,467

)