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Note 11 - Revenue - Contract Balances (Details)
$ in Thousands
6 Months Ended
Jun. 30, 2019
USD ($)
Balance, beginning of period $ 143,694
Acquired in a business combination1 11,387 [1]
Deferred revenue 119,356
Recognized revenue (117,218)
Balance, end of period $ 157,219
[1] The Company acquired Ascio on March 18, 2019. As part of the transition, the Company acquired active domain name contracts for terms ranging from 1 - 10 years, for which the registration fees have already been collected from customers. As required by ASC 805, Business Combinations, the Company has recorded deferred revenue at fair value at the acquisition date, which was determined by estimating the costs associated with customer support services and prepaid domain name registration fees to fulfill the contractual obligations over the remaining life of the contract at the acquisition date plus a normal profit margin.