XML 19 R8.htm IDEA: XBRL DOCUMENT
v3.19.1

Revenue and Deferred Revenue | 3 Months Ended
--- | ---
Apr. 30, 2019
Revenue From Contract With Customer [Abstract] |
Revenue and Deferred Revenue | Note 2: Revenue and Deferred Revenue The Company’s revenue for the three months ended April 30, 2019 and 2018 are presented in accordance with the provisions under Topic 606. The Company derives its revenue from two sources: Subscription and Services Revenue is derived primarily from recurring subscription fees related to service plans such as Ooma Business, Ooma Residential and other communications services. Product and Other Revenue is generated from the sale of on-premise appliances and end-point devices, including shipping and handling fees for direct customers, and to a lesser extent from porting fees that enable customers to transfer their existing phone numbers. The Company recognizes revenue from sales to direct end-customers and channel partners at the point in time that control transfers which is typically when the Company delivers the product or when all customer contractual provisions have been met, if any. R efer to the Company’s Annual Report for additional information regarding its revenue recognition policy. Revenue disaggregated by revenue source consisted of the following (in thousands):
|  | Three Months Ended |
|  | April 30, 2019 |  |  | April 30, 2018 |
Subscription and services revenue |  | $ | 31,112 |  |  | $ | 27,312 |
Product and other revenue |  |  | 2,895 |  |  |  | 2,910 |
Total revenue |  | $ | 34,007 |  |  | $ | 30,222 |
The Company derived approximately 64% and 71% of its total revenue from Ooma Residential and approximately 33% and 26% from Ooma Business for the three months ended April 30, 2019 and 2018, respectively. No individual country outside of the United States represented 10% or more of total revenue for the periods presented. No single customer accounted for 10% or more of total revenue for the periods presented. As of April 30, 2019 and January 31, 2019, one customer accounted for 15% of the Company’s net accounts receivable balance. No other customers accounted for 10% or more of net accounts receivable for the periods presented. Deferred Revenue. Deferred revenue primarily consists of billings or payments received in advance of meeting revenue recognition criteria. Deferred services revenue is recognized on a ratable basis over the term of the contract as the services are provided. For all arrangements, any revenue that has been deferred and is expected to be recognized beyond one year is classified in long term liabilities on the condensed consolidated balance sheets. Deferred revenue consisted of the following (in thousands):
|  | As of |
|  | April 30, 2019 |  |  | January 31, 2019 |
Subscription and services |  | $ | 15,234 |  |  | $ | 15,682 |
Product and other |  |  | 87 |  |  |  | 68 |
Total deferred revenue |  |  | 15,321 |  |  |  | 15,750 |
Less: current deferred revenue |  |  | 15,049 |  |  |  | 15,443 |
Non-current deferred revenue included in other long-term liabilities |  | $ | 272 |  |  | $ | 307 |
During the three months ended April 30, 2019, the Company recognized revenue of approximately $8.4 million pertaining to amounts deferred as of January 31, 2019. As of April 30, 2019, the Company’s deferred revenue balance was primarily composed of subscription contracts that were invoiced during the first quarter of fiscal 2020, as well as amounts recorded during fiscal 2019 for annual contracts. Remaining Performance Obligations. As of April 30, 2019, revenue of approximately $0.3 million is expected to be recognized from remaining performance obligations for open contracts with an original expected length of more than one year. This amount includes both long-term deferred revenue and non-cancelable contract amounts that will be invoiced and recognized as revenue in future periods. The Company expects to recognize revenue of approximately $0.1 million over the next 12 months and the remainder thereafter.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration