Quarterly report pursuant to Section 13 or 15(d)

Revenue Related Disclosures (Tables)

v3.22.1
Revenue Related Disclosures (Tables)
3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
Schedule of Changes in Deferred Revenue

The changes in deferred revenue were as follows (in thousands):

 

 

Three Months Ended March 31,

 

 

2022

 

 

2021

 

Beginning balance

$

26,709

 

 

$

24,578

 

   Deferred revenues acquired (Note 4 - Business Acquisitions)

$

5,382

 

 

$

 

   New billings

 

24,527

 

 

 

15,432

 

   Revenue recognized during the year from beginning balance

 

(9,825

)

 

 

(10,103

)

   Revenue recognized during the year from new billings

 

(11,292

)

 

 

(4,898

)

   Foreign currency impact

 

8

 

 

 

(1

)

Ending balance

$

35,509

 

 

$

25,008

 

 

 

Schedule of Remaining Performance Obligations for Contractually Committed Revenues

The following table presents remaining performance obligations for contractually committed revenues as of March 31, 2022 (in thousands):

 

2022

 

 

$

40,844

 

2023

 

 

 

34,805

 

2024

 

 

 

23,213

 

Thereafter

 

 

 

12,954

 

Total

 

 

$

111,816