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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
Contract Balances Our opening and closing balances of deferred revenue were as follows:
(in thousands)June 30,
2021
December 31,
2020
Total deferred revenue$345,419 $316,914 
Disaggregation of Revenue The following table presents our revenue by geographic area based on the address of our customers:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2021
2020
2021
2020
United States$192,000 $189,304 $377,327 $383,263 
United Kingdom24,505 29,535 46,810 45,359 
Other countries12,935 13,152 24,494 26,990 
Total revenue$229,440 $231,991 $448,631 $455,612 
The following table presents our revenue by market group:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2021
2020(1)
2021
2020(1)
UMG$179,436 $182,925 $352,903 $370,544 
IMG
50,028 49,790 95,797 85,828 
Other(24)(724)(69)(760)
Total revenue$229,440 $231,991 $448,631 $455,612 
(1)Due to the market group change discussed above, we have recast our revenue by market group for the three and six months ended June 30, 2020 to present them on a consistent basis with the current year.
Disaggregation Of Revenue, Recurring
The following table presents our recurring revenue by type:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2021
2020
2021
2020
Contractual recurring$151,150 $148,214 $297,971 $295,958 
Transactional recurring65,836 68,046 125,765 125,169 
Total recurring revenue$216,986 $216,260 $423,736 $421,127