XML 53 R37.htm IDEA: XBRL DOCUMENT v3.19.1
REVENUES (Tables)
 12 Months Ended
Dec. 31, 2018
Revenues [Abstract]  
Schedule of Revenues
The cumulative effect of the changes made to the consolidated balance sheet as of January 1, 2018 for the adoption of Topic 606-10 were as follows:

   
December 31, 2017
    
Adjustments
    
January 1, 2018
  
Trade receivables
  
$
113,719
    
$
117
    
$
113,836
  
Trade payables
  
$
75,476
    
$
47
    
$
75,523
  
Accumulated deficits
  
$
(249,871
)
  
$
70
    
$
(249,801
)
Schedule of Consolidated Condensed Statements of Income
In accordance with Topic 606-10, the disclosure of the impact of adoption on the consolidated balance sheet as of December 31, 2018 was as follows:
 
 
  
As Reported
    
Impact of Adoption
    
Amounts under
Topic 605
  
Consolidated Balance Sheet
                  
Trade receivables
  
$
123,451
    
$
(741
)
  
$
122,710
  
Trade payables
  
$
78,892
    
$
(84
)
  
$
78,808
  
Accumulated deficits
  
$
(233,955
)
  
$
(657
)
  
$
(234,612
)
 
The following table summarizes the impacts of adopting Topic 606-10 on our consolidated statements of income during the twelve months ended December 31, 2018:

 
  
As Reported
    
Impact of Adoption
    
Amounts under
Topic 605
  
Consolidated Statements of Income
                  
Revenue
  
$
343,874
    
$
(741
)
  
$
343,133
  
Cost of Sales
  
$
227,705
    
$
(84
)
  
$
227,621
  
Gross margin
  
$
116,169
    
$
(657
)
  
$
115,512
  
Schedule of Significant Changes in Deferred Revenues
The following table presents the significant changes in the deferred revenue balance during the twelve months ended December 31, 2018:

       
   
Twelve months ended December 31, 2018
  
       
Balance, beginning of the period
  
$
5,193
  
New performance obligations
    
12,746
  
Reclassification to revenue as a result of satisfying performance obligations
    
(14,066
)
         
Balance, end of the period
  
$
3,873