Deferred Revenue

9 Months Ended

Jul. 01, 2011

Note 11. Deferred Revenue

The components of deferred revenue are as follows:

	July 1, 2011		October 1, 2010
	(Amounts in thousands)
Fully deferred systems, installation and acceptance revenue	$	54,235	$	35,403
Extended warranties	14,087		8,397
Maintenance and service contracts	9,149		5,531
Other deferred revenue	4,595		3,002
Total deferred revenue	$	82,066	$	52,333

Current portion of deferred revenue	$	73,478	$	46,707
Long-term portion of deferred revenue	8,588		5,626
Total deferred revenue	$	82,066	$	52,333

- Definition

The entire disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP.

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VARIAN SEMICONDUCTOR EQUIPMENT ASSOCIATES INC 10-Q