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Revenue Recognition | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Revenue Recognition | Deferred CostsDeferred costs, which primarily consist of costs to obtain contracts with customers, were $64.2 million and $45.3 million for the years ended December 31, 2021 and 2020, respectively. Amortization expense for the deferred costs was $34.1 million and $21.0 million for the years ended December 31, 2021 and 2020, respectively. There were no material impairment losses in relation to the costs capitalized for the periods presented.Revenue Recognition Disaggregation of Revenue The following table presents our revenues disaggregated by industry (in thousands):
| For the year ended December 31,
| 2021 |  | 2020 |  | 2019
Information technology | $ | 47,697 |  |  | $ | 34,878 |  |  | $ | 30,798 |
Diversified financials | 57,470 |  |  | 44,326 |  |  | 34,614 |
Consumer discretionary | 41,826 |  |  | 34,029 |  |  | 29,147 |
Industrials | 59,797 |  |  | 46,764 |  |  | 39,210 |
Healthcare | 39,394 |  |  | 30,676 |  |  | 24,764 |
Banks | 46,702 |  |  | 39,630 |  |  | 33,573 |
Insurance | 27,206 |  |  | 21,993 |  |  | 18,047 |
Energy | 21,093 |  |  | 18,380 |  |  | 18,113 |
Real estate | 21,042 |  |  | 18,070 |  |  | 16,572 |
Utilities | 21,319 |  |  | 13,561 |  |  | 12,231 |
Materials | 19,357 |  |  | 16,321 |  |  | 14,761 |
Public administration | 13,719 |  |  | 11,433 |  |  | 6,974 |
Consumer staples | 13,146 |  |  | 10,683 |  |  | 9,570 |
Other | 13,517 |  |  | 10,850 |  |  | 9,517 |
Total revenues | $ | 443,285 |  |  | $ | 351,594 |  |  | $ | 297,891 |
Revenues by industry are derived from leading software providers. In 2021 we refined our policy surrounding customer industry categorization and accordingly the prior year amounts have been updated to reflect these refinements. The following table presents our revenues disaggregated by type of good or service (in thousands):
| For the year ended December 31,
| 2021 |  | 2020 |  | 2019
Subscription and support | $ | 379,340 |  |  | $ | 295,877 |  |  | $ | 245,765 |
XBRL professional services | 44,763 |  |  | 38,032 |  |  | 38,734 |
Other services | 19,182 |  |  | 17,685 |  |  | 13,392 |
Total revenues | $ | 443,285 |  |  | $ | 351,594 |  |  | $ | 297,891 |
Deferred Revenue During the year ended December 31, 2021, we recognized $239.3 million of revenue that was included in the deferred revenue balance at the beginning of the period. Transaction Price Allocated to the Remaining Performance Obligations As of December 31, 2021, revenue of approximately $576.2 million is expected to be recognized from remaining performance obligations for subscription contracts. We expect to recognize approximately $336.0 million of these remaining performance obligations over the next 12 months, with the balance recognized thereafter.

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- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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