Quarterly report pursuant to Section 13 or 15(d)

UNEARNED REVENUE (Tables)

v3.20.1
UNEARNED REVENUE (Tables)
3 Months Ended
Mar. 31, 2020
Unearned Revenue  
hanges in unearned revenue were as follows:

Changes in unearned revenue were as follows:

UNEARNED REVENUE
    Three Months Ended
March 31,
 
(in thousands)   2020     2019  
Balance at beginning of year   $ 136,507     $ 127,075  
Deferral of unearned revenue     49,552       47,737  
Recognition of unearned revenue     (42,707 )     (39,958 )
Balance at end of period   $ 143,352     $ 134,854