Revenue and Accounts Receivable, Net

3 Months Ended

Mar. 31, 2021

Receivables [Abstract]

Revenue and Accounts Receivable, Net

Revenue and Accounts Receivable, Net

Revenue Details

The pattern of revenue recognition was as follows:

	Three Months Ended March 31,
(In thousands)	2021		2020
Goods and services transferred at a point in time	$	122,888	$	117,058
Goods and services transferred over time	27,654		34,720
Net sales	$	150,542	$	151,778

Our net sales to external customers by geographic area were as follows:

	Three Months Ended March 31,
(In thousands)	2021		2020
United States	$	50,292	$	74,381
Asia (excluding PRC)	34,216		27,825
Europe	27,527		20,502
People's Republic of China	24,340		17,517
Latin America	6,144		4,640
Other	8,023		6,913
Total net sales	$	150,542	$	151,778

Specific identification of the customer billing location was the basis used for attributing revenues from external customers to geographic areas.

Net sales to the following customers totaled more than 10% of our net sales:

	Three Months Ended March 31,
	2021				2020
	$ (thousands)		% of Net Sales		$ (thousands)			% of Net Sales
Comcast Corporation	$	27,201	18.1	%	$	32,935		21.7	%
Daikin Industries Ltd.	$	17,437	11.6	%	—		(1)	—		(1)

(1)Sales associated with this customer did not total more than 10% of our net sales for the indicated period.

Accounts Receivable, Net

Accounts receivable, net were as follows:

(In thousands)	March 31, 2021		December 31, 2020
Trade receivables, gross	$	134,003	$	122,828
Allowance for credit losses	(1,358)		(1,412)
Allowance for sales returns	(408)		(761)
Trade receivables, net	132,237		120,655
Other	7,471		8,778
Accounts receivable, net	$	139,708	$	129,433

Allowance for Credit Losses

Changes in the allowance for credit losses were as follows:

(In thousands)	Three Months Ended March 31,
	2021		2020
Balance at beginning of period	$	1,412	$	1,492
Additions to costs and expenses	2		237
Write-offs/Foreign exchange effects	(56)		(48)
Balance at end of period	$	1,358	$	1,681

Trade receivables associated with this significant customer that totaled more than 10% of our accounts receivable, net were as follows:

	March 31, 2021				December 31, 2020
	$ (thousands)		% of Accounts Receivable, Net		$ (thousands)		% of Accounts Receivable, Net
Comcast Corporation	$	25,022	17.9	%	$	19,782	15.3	%