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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Contract Balances Our closing balances of deferred revenue were as follows:
(in thousands)June 30,
2024
December 31,
2023
Total deferred revenue$429,413 $394,927 
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)
2024
2023
2024
2023
United States$241,831 $228,744 $479,940 $450,413 
United Kingdom29,980 28,234 56,109 54,282 
Other countries15,475 14,064 30,487 28,100 
Total revenue$287,286 $271,042 $566,536 $532,795 
The following table presents our revenue by market group:
Three months ended
June 30,
Six months ended
June 30,
(dollars in thousands)
2024
2023
2024
2023
Social Sector$252,164 $232,381 $496,608 $457,278 
Corporate Sector
35,122 38,661 69,928 75,517 
Total revenue$287,286 $271,042 $566,536 $532,795 
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)
2024
2023
2024
2023
Contractual recurring$193,542 $181,235 $384,397 $358,838 
Transactional recurring87,834 81,155 168,497 156,300 
Total recurring revenue$281,376 $262,390 $552,894 $515,138