Quarterly report pursuant to Section 13 or 15(d)

REVENUE

v3.21.2
REVENUE
 3 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUEBased on how the Company manages its business, the Company has determined that it currently operates in one reportable segment. The Company operates in three geographic regions: (a) Americas; (b) Europe, Middle East and
Africa (“EMEA”); and (c) Asia Pacific (“APAC”). Revenue by geography is based on the location of the customer from which the revenue is earned.

In the following table, revenue is disaggregated by major product offering and geographies (in thousands):
  Three Months Ended June 30,
2021 2020
Americas1
   Primary storage systems $ 7,194  $ 6,859 
   Secondary storage systems 16,712  8,676 
   Device and media 6,521  6,362 
   Service 20,193  18,595 
Total revenue 50,620  40,492 
EMEA
   Primary storage systems 2,777  2,296 
   Secondary storage systems 7,760  6,616 
   Device and media 5,381  4,022 
   Service 10,813  9,815 
Total revenue 26,731  22,749 
APAC
   Primary storage systems 1,341  1,059 
   Secondary storage systems 3,733  3,200 
   Device and media 712  597 
   Service 1,825  1,976 
Total revenue 7,611  6,832 
Consolidated
   Primary storage systems 11,312  10,214 
   Secondary storage systems 28,205  18,492 
   Device and media 12,614  10,981 
   Service 32,831  30,386 
   Royalty2
4,137  3,232 
Total revenue $ 89,099  $ 73,305 

1 Revenue for Americas geographic region outside of the United States is not significant.
2 Royalty revenue is not allocable to geographic regions.


Contract Balances

The following table presents the Company’s contract liabilities and certain information related to this balance as of and for the three months ended June 30, 2021 (in thousands): 
June 30, 2021
Contract liabilities (deferred revenue) $ 113,846 
Revenue recognized in the period from amounts included in contract liabilities at the beginning of the period 29,704 

Remaining Performance Obligations

Remaining performance obligations consisted of the following (in thousands):
Current Non-Current Total
As of June 30, 2021
 $ 112,462  $ 37,846  $ 150,308 

The Company's non-current remaining performance obligations are expected to be recognized in the next 13 to 60 months.