• Filing Date: 2020-06-24
  • Form Type: 10-K
  • Description: Annual report
v3.20.1
REVENUE RECOGNITION (Tables)
12 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of revenue and long-lived assets by region
In the following table, revenue is disaggregated by major product offering and geographies (in thousands):
 
Year Ended March 31,
 
2020
 
20191
 
20181
Americas2
 
 
 
 
 
   Primary storage systems
$
54,211

 
$
33,789

 
$
44,693

   Secondary storage systems
57,192

 
72,696

 
69,582

   Device and media
31,228

 
34,079

 
39,664

   Service
82,607

 
87,040

 
87,960

Total revenue
225,238

 
227,604

 
241,899

 
 
 
 
 
 
EMEA
 
 
 
 
 
   Primary storage systems
16,078

 
18,902

 
24,006

   Secondary storage systems
40,008

 
40,666

 
37,376

   Device and media
25,484

 
19,064

 
21,306

   Service
39,467

 
37,216

 
37,875

Total revenue
121,037

 
115,848

 
120,563

 
 
 
 
 
 
APAC
 
 
 
 
 
   Primary storage systems
6,863

 
6,120

 
9,277

   Secondary storage systems
14,472

 
13,166

 
14,444

   Device and media
5,632

 
6,172

 
8,234

   Service
8,976

 
10,440

 
10,688

Total revenue
35,943

 
35,898

 
42,643

 
 
 
 
 
 
Consolidated
 
 
 
 
 
   Primary storage systems
77,152

 
58,811

 
77,976

   Secondary storage systems
111,672

 
126,528

 
121,402

   Device and media
62,344

 
59,315

 
69,204

   Service
131,050

 
134,696

 
136,523

   Royalty3
20,731

 
23,330

 
32,579

Total revenue
$
402,949

 
$
402,680

 
$
437,684


1 Primary and Secondary storage system revenue has been adjusted for fiscal years 2019 and 2018 due to certain reclassifications from Primary to Secondary storage systems.

2 Revenue for Americas geographic region outside of the United States is not significant.

3 Royalty revenue is not allocable to geographic regions.
Schedule of contract liabilities

The following table presents the Company’s contract liabilities and certain information related to this balance as of March 31, 2020 (in thousands): 
 
 
March 31, 2020
Deferred revenue
 
$
118,935

Revenue recognized in the period from amounts included in contract liabilities at the beginning of the period
 
$
80,977

Remaining performance obligations
Remaining performance obligation consisted of the following (in thousands):
 
 
Current
 
Non-Current
 
Total
As of March 31, 2020
 
$
89,036

 
$
46,827

 
$
135,864