diff --git a/idea/src/org/jetbrains/kotlin/idea/versions/KotlinRuntimeLibraryUtil.java b/idea/src/org/jetbrains/kotlin/idea/versions/KotlinRuntimeLibraryUtil.java
index 0912a0a3793..b98c2ab5ca7 100644
--- a/idea/src/org/jetbrains/kotlin/idea/versions/KotlinRuntimeLibraryUtil.java
+++ b/idea/src/org/jetbrains/kotlin/idea/versions/KotlinRuntimeLibraryUtil.java
@@ -24,6 +24,7 @@ import com.intellij.openapi.project.Project;
 import com.intellij.openapi.roots.*;
 import com.intellij.openapi.roots.libraries.Library;
 import com.intellij.openapi.util.io.FileUtil;
+import com.intellij.openapi.util.text.StringUtil;
 import com.intellij.openapi.vfs.JarFileSystem;
 import com.intellij.openapi.vfs.VirtualFile;
 import com.intellij.psi.search.GlobalSearchScope;
@@ -225,11 +226,23 @@ public class KotlinRuntimeLibraryUtil {
     public static String bundledRuntimeVersion(@NotNull String pluginVersion) {
         int placeToSplit = -1;
 
-        for (int i = 1; i < pluginVersion.length(); i++) {
-            char ch = pluginVersion.charAt(i);
-            if (Character.isLetter(ch) && pluginVersion.charAt(i - 1) == '.') {
-                placeToSplit = i - 1;
-                break;
+        int ideaPatternIndex = StringUtil.indexOf(pluginVersion, "Idea");
+        if (ideaPatternIndex >= 2 && Character.isDigit(pluginVersion.charAt(ideaPatternIndex - 2))) {
+            placeToSplit = ideaPatternIndex - 1;
+        }
+
+        int ijPatternIndex = StringUtil.indexOf(pluginVersion, "IJ");
+        if (ijPatternIndex >= 2 && Character.isDigit(pluginVersion.charAt(ijPatternIndex - 2))) {
+            placeToSplit = ijPatternIndex - 1;
+        }
+
+        if (placeToSplit == -1) {
+            for (int i = 1; i < pluginVersion.length(); i++) {
+                char ch = pluginVersion.charAt(i);
+                if (Character.isLetter(ch) && pluginVersion.charAt(i - 1) == '.') {
+                    placeToSplit = i - 1;
+                    break;
+                }
             }
         }
 
diff --git a/idea/src/org/jetbrains/kotlin/idea/versions/OutdatedKotlinRuntimeNotification.java b/idea/src/org/jetbrains/kotlin/idea/versions/OutdatedKotlinRuntimeNotification.java
index b9fb07f17a4..d6c9798af62 100644
--- a/idea/src/org/jetbrains/kotlin/idea/versions/OutdatedKotlinRuntimeNotification.java
+++ b/idea/src/org/jetbrains/kotlin/idea/versions/OutdatedKotlinRuntimeNotification.java
@@ -246,9 +246,7 @@ public class OutdatedKotlinRuntimeNotification extends AbstractProjectComponent
 
             String runtimeVersion = KotlinRuntimeLibraryUtil.bundledRuntimeVersion();
 
-            boolean isOutdated = libraryVersion == null
-                                 || libraryVersion.startsWith("internal-") != runtimeVersion.startsWith("internal-")
-                                 || VersionComparatorUtil.compare(runtimeVersion, libraryVersion) > 0;
+            boolean isOutdated = isRuntimeOutdated(libraryVersion, runtimeVersion);
 
             if (isOutdated) {
                 outdatedLibraries.add(new VersionedLibrary(library, libraryVersion));
@@ -258,6 +256,12 @@ public class OutdatedKotlinRuntimeNotification extends AbstractProjectComponent
         return outdatedLibraries;
     }
 
+    public static boolean isRuntimeOutdated(String libraryVersion, String runtimeVersion) {
+        return libraryVersion == null
+               || libraryVersion.startsWith("internal-") != runtimeVersion.startsWith("internal-")
+               || VersionComparatorUtil.compare(runtimeVersion, libraryVersion) > 0;
+    }
+
     @NotNull
     public static Runnable showRuntimeJarNotFoundDialog(@NotNull final Project project, final @NotNull String jarName) {
         return new Runnable() {
diff --git a/idea/tests/org/jetbrains/kotlin/idea/OutdatedKotlinRuntimeNotificationTest.kt b/idea/tests/org/jetbrains/kotlin/idea/OutdatedKotlinRuntimeNotificationTest.kt
index 1ebe3e29db5..144f3ce28fb 100644
--- a/idea/tests/org/jetbrains/kotlin/idea/OutdatedKotlinRuntimeNotificationTest.kt
+++ b/idea/tests/org/jetbrains/kotlin/idea/OutdatedKotlinRuntimeNotificationTest.kt
@@ -34,6 +34,50 @@ public class KotlinRuntimeLibraryUtilTest : TestCase() {
         test("internal-0.1.2", "internal-0.1.2")
         test(".0.1.2", ".0.1.2")
         test("0.1.2.", "0.1.2.")
+
+        test("1.0.0-beta1-001-Idea141-12", "1.0.0-beta1-001")
+        test("1.0.1-beta5-013-Idea143-1", "1.0.1-beta5-013")
+        test("1.0.1-beta1-2-Idea143-1", "1.0.1-beta1-2")
+        test("1.0.3-beta1-2", "1.0.3-beta1-2")
+
+        test("1.0.0-beta1-001-IJ143-12", "1.0.0-beta1-001")
+        test("1.0.1-beta5-013-IJ142-1", "1.0.1-beta5-013")
+        test("1.0.1-beta1-2-IJ-2-1", "1.0.1-beta1-2")
+        test("1.0.3-beta1-2-IJ", "1.0.3-beta1-2")
+
+        test("2.15.789-Idea147-14", "2.15.789")
+
+        test("1.0.0-alpha", "1.0.0-alpha")
+        test("1.2.2123-alpha-023", "1.2.2123-alpha-023")
+    }
+
+    public fun testOutdatedRuntime() {
+        outdated("1.0.0-beta1-001-Idea141-12", "0.12.15")
+        outdated("1.0.0-beta1-001-Idea141-1", "0.152.16")
+        outdated("1.0.0-beta1-001-Idea141-1", "0.152.16")
+
+        notOutdated("1.0.0-beta1-001-Idea141-12", "1.0.0-beta1-001")
+        notOutdated("1.0.0-beta1-001-Idea143-14", "1.0.0-beta1-001")
+        notOutdated("1.0.0-beta1-001", "1.0.0-beta1-001")
+        notOutdated("1.0.0-beta1-001-Idea3-1", "1.0.0-beta1-001")
+        notOutdated("1.0.0-beta1-001-Idea3-(1)", "1.0.0-beta1-001")
+
+        outdated("1.0.0-beta1-002-Idea141-1", "1.0.0-beta1-001")
+        outdated("1.0.0-beta1-010-Idea141-1", "1.0.0-beta1-009")
+        outdated("1.0.0-beta1-100-Idea141-1", "1.0.0-beta1-099")
+        outdated("1.0.0-beta2-000-Idea141-1", "1.0.0-beta1-999")
+        outdated("1.1.0-beta1-000-Idea141-1", "1.0.9-beta9-999")
+        outdated("2.0.0-beta1-000-Idea141-1", "1.9.9-beta9-999")
+    }
+
+    private fun outdated(plugin: String, library: String) {
+        Assert.assertTrue("Should be outdated: plugin=$plugin, library=$library",
+                OutdatedKotlinRuntimeNotification.isRuntimeOutdated(library, KotlinRuntimeLibraryUtil.bundledRuntimeVersion(plugin)))
+    }
+
+    private fun notOutdated(plugin: String, library: String) {
+        Assert.assertFalse("Should NOT be outdated: plugin=$plugin, library=$library",
+                OutdatedKotlinRuntimeNotification.isRuntimeOutdated(library, KotlinRuntimeLibraryUtil.bundledRuntimeVersion(plugin)))
     }
 
     private fun test(version: String, expected: String) {