Quarterly report pursuant to Section 13 or 15(d)

UNEARNED REVENUE (Tables)

v3.19.1
UNEARNED REVENUE (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Changes in unearned revenue

Changes in unearned revenue were as follows:

 

For the period ended   March 31,   December 31,   March 31,
(in thousands)   2019   2018   2018
Balance at beginning of year   $ 127,075     $ 117,614     $ 117,614  
Deferral of unearned revenue     47,737       166,053       47,725  
Recognition of unearned revenue     (39,958 )     (156,592 )     (38,309 )
Balance at end of period   $ 134,854     $ 127,075     $ 126,530