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REVENUE
3 Months Ended
Mar. 31, 2020
Revenue  
Revenue

Note 2–Revenue

 

The Company disaggregates revenue from its arrangements with customers by type of products and services, as it believes this method best depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors.

 

The following tables represent a disaggregation of revenue from arrangements with customers for the three months ended March 31, 2020 and 2019, along with the reportable segment for each category.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2020

 

    

Business
Solutions

    

Enterprise
Solutions

    

Public Sector
Solutions

    

Total

Notebooks/Mobility

 

$

91,613

 

$

79,316

 

$

28,966

 

$

199,895

Desktops

 

 

33,294

 

 

34,209

 

 

10,472

 

 

77,975

Software

 

 

36,398

 

 

26,182

 

 

7,295

 

 

69,875

Servers/Storage

 

 

25,830

 

 

16,234

 

 

11,746

 

 

53,810

Net/Com Products

 

 

21,012

 

 

24,946

 

 

9,810

 

 

55,768

Displays and Sound

 

 

23,946

 

 

23,568

 

 

11,443

 

 

58,957

Accessories

 

 

28,021

 

 

90,974

 

 

8,809

 

 

127,804

Other Hardware/Services

 

 

18,671

 

 

37,989

 

 

11,106

 

 

67,766

Total net sales

 

$

278,785

 

$

333,418

 

$

99,647

 

$

711,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2019

 

    

Business
Solutions

    

Enterprise
Solutions

    

Public Sector
Solutions

    

Total

Notebooks/Mobility

 

$

80,935

 

$

66,565

 

$

27,375

 

$

174,875

Desktops

 

 

26,784

 

 

35,969

 

 

10,887

 

 

73,640

Software

 

 

34,688

 

 

27,776

 

 

9,272

 

 

71,736

Servers/Storage

 

 

25,717

 

 

17,425

 

 

12,416

 

 

55,558

Net/Com Products

 

 

22,239

 

 

14,628

 

 

10,144

 

 

47,011

Displays and Sound

 

 

20,332

 

 

26,935

 

 

9,879

 

 

57,146

Accessories

 

 

22,053

 

 

56,515

 

 

9,645

 

 

88,213

Other Hardware/Services

 

 

20,184

 

 

29,822

 

 

14,736

 

 

64,742

Total net sales

 

$

252,932

 

$

275,635

 

$

104,354

 

$

632,921

 

Contract Balances

 

The following table provides information about contract liabilities from arrangements with customers as of March 31, 2020 and December 31, 2019.

 

 

 

 

 

 

 

 

 

    

March 31, 2020

    

December 31, 2019

Contract liabilities, which are included in "Accrued expenses and other liabilities"

 

$

2,532

 

$

5,942

 

Changes in the contract liability balances during the three months ended March 31, 2020 are as follows (in thousands):

 

 

 

 

 

 

2020

Balances at December 31, 2019

$

5,942

Cash received in advance and not recognized as revenue

 

4,852

Amounts recognized as revenue as performance obligations satisfied

 

(8,262)

Balances at March 31, 2020

$

2,532