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RVBD » Topics » 6. DEFERRED REVENUE

This excerpt taken from the RVBD 10-K filed Feb 23, 2009.

7.    DEFERRED REVENUE

Deferred revenue consisted of the following:

 

      December 31,

(in thousands)

    2008    2007

Product

    $ 4,987    $ 4,406

Support and services

      53,174      29,073
             

Total deferred revenue

    $ 58,161    $ 33,479
             

Reported as:

      

Deferred revenue, current

    $ 45,194    $ 26,845

Deferred revenue, non-current

      12,967      6,634
             

Total deferred revenue

    $ 58,161    $ 33,479
             

Deferred product revenue relates to arrangements where not all revenue recognition criteria have been met. Deferred support revenue represents customer payments made in advance for support contracts. Support contracts are typically billed on a per annum basis in advance and revenue is recognized ratably over the support period. Deferred revenue, non-current consists of customer payments made in advance for support contracts with terms of more than 12 months.

 

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RIVERBED TECHNOLOGY, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

These excerpts taken from the RVBD 10-K filed Feb 15, 2008.

6.    DEFERRED REVENUE

Deferred revenue consisted of the following:

 

     December 31,

(in thousands)

    2007    2006

Product

    $ 2,007    $ 2,895

Support and services

      22,255      9,456

Ratable product and related support and services

      2,583      4,486
             

Deferred revenue, current

      26,845      16,837
             

Deferred revenue, non-current

      6,634      2,245
             

Total deferred revenue

    $ 33,479    $ 19,082
             

Deferred product revenue relates to arrangements where not all revenue recognition criteria have been met. Deferred support revenue represents customer payments made in advance for annual support contracts. Support contracts are typically billed on a per annum basis in advance and revenue is recognized ratably over the support period. Deferred ratable product and related support and services revenue consists of deferred revenue on transactions where VSOE of fair value of support had not been established and the entire arrangement is being recognized ratably over the support period. Deferred revenue, non-current consists primarily of customer payments made in advance for support contracts with terms of more than 12 months.

6.    DEFERRED REVENUE

STYLE="margin-top:6px;margin-bottom:0px; text-indent:5%">Deferred revenue consisted of the following:

 






































































































   December 31,

(in thousands)

  2007  2006

Product

  $2,007  $2,895

Support and services

   22,255   9,456

Ratable product and related support and services

   2,583   4,486
        

Deferred revenue, current

   26,845   16,837
        

Deferred revenue, non-current

   6,634   2,245
        

Total deferred revenue

  $33,479  $19,082
        

Deferred product revenue relates to arrangements where not all revenue recognition criteria have been met.
Deferred support revenue represents customer payments made in advance for annual support contracts. Support contracts are typically billed on a per annum basis in advance and revenue is recognized ratably over the support period. Deferred ratable
product and related support and services revenue consists of deferred revenue on transactions where VSOE of fair value of support had not been established and the entire arrangement is being recognized ratably over the support period. Deferred
revenue, non-current consists primarily of customer payments made in advance for support contracts with terms of more than 12 months.

SIZE="2">7.    GUARANTEES

Our agreements with customers, as well as our reseller agreements, generally include certain
provisions for indemnifying customers and resellers and their affiliated parties against liabilities if our products infringe a third party’s intellectual property rights. To date, we have not incurred any material costs as a result of such
indemnifications and have not accrued any liabilities related to such obligations in our consolidated financial statements.

As permitted or required
under Delaware law and to the maximum extent allowable under that law, we have certain obligations to indemnify our officers, directors and certain key employees for certain events or occurrences while the officer, director or employee is or was
serving at our request in such capacity. These indemnification obligations are valid as long as the director, officer or employee

 


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RIVERBED TECHNOLOGY, INC.

FACE="ARIAL" SIZE="2">NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 


acted in good faith and in a manner the person reasonably believed to be in or not opposed to the best interests of the corporation, and, with respect to any criminal
proceeding, had no reasonable cause to believe his or her conduct was unlawful. The maximum potential amount of future payments we could be required to make under these indemnification obligations is unlimited; however, we have a director and
officer insurance policy that mitigates our exposure and enables us to recover a portion of any future amounts paid.

This excerpt taken from the RVBD 10-K filed Feb 9, 2007.

7.    DEFERRED REVENUE

Deferred revenue consisted of the following:

 

     December 31,

(in thousands)

    2006    2005

Product

    $ 2,895    $ 266

Support and services

      9,456      2,041

Ratable product and related support and services

      4,486      2,584
             

Deferred revenue, current

      16,837      4,891
             

Support and services, non-current

      2,220      164

Ratable product and related support and services, non-current

      25      544
             

Deferred revenue, non-current

      2,245      708
             

Total deferred revenue

    $ 19,082    $ 5,599
             

Deferred product revenue relates to arrangements where not all revenue recognition criteria have been met. Deferred support revenue and services represents customer payments made in advance for annual support contracts. Support contracts are typically billed on a per annum basis in advance and revenue is recognized ratably over the support period. Deferred ratable product and related support and services revenue consists of deferred revenue on transactions where VSOE of fair value of support had not been established and the entire arrangement is being recognized ratably over the support period. Deferred revenue related to our OEM arrangements where we have not established VSOE of fair value of support is included in deferred ratable product and related support and services revenue.

 

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RIVERBED TECHNOLOGY, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

EXCERPTS ON THIS PAGE:

10-K
Feb 23, 2009
10-K (2 sections)
Feb 15, 2008
10-K
Feb 9, 2007

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