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Revenue and Accounts Receivable, Net (Tables)

12 Months Ended

Dec. 31, 2024

The pattern of revenue recognition was as follows:


	Year Ended December 31,
(In thousands)	2024		2023		2022
Goods and services transferred at a point in time	$	321,410	$	324,433	$	450,227
Goods and services transferred over time	73,469		96,024		92,524
Net sales	$	394,879	$	420,457	$	542,751

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

Accounts receivable, net were as follows:

(1) Other accounts receivable is primarily comprised of supplier, supplier rebate and interest receivables.

(2) Accounts receivable, net at December 31, 2022 was $112.3 million.

Allowance for Credit Losses

Changes in the allowance for credit losses were as follows:


(In thousands)	Year Ended December 31,
	2024		2023		2022
Balance at beginning of period	$	815	$	957	$	1,285
Additions (reductions) to costs and expenses	1,081		70		(182)

Write-offs/Foreign exchange effects	(33)		(212)		(146)
Balance at end of period	$	1,863	$	815	$	957

Changes in the carrying amount of contract liabilities were as follows:


(In thousands)	Year Ended December 31,
	2024		2023
Balance at beginning of period	$	3,501	$	1,931

Payments received	5,524		6,080
Revenue recognized	(5,736)		(4,529)
Foreign exchange effects	(53)		19
Balance at end of period	$	3,236	$	3,501

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

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