Revenue from contracts with customers is recognized when control of the promised goods or services is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services.

Remaining performance obligations represent the transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied as of the end of the reporting period. Unsatisfied and partially unsatisfied performance obligations consist of contract liabilities, in-transit orders with destination terms, and non-cancellable backlog. Non-cancellable backlog includes goods and services for which customer purchase orders have been accepted and that are scheduled or in the process of being scheduled for shipment.

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 28, 2020:

The Company records accounts receivable when it has an unconditional right to consideration. Contract liabilities are recorded when cash payments are received or due in advance of performance. Contract liabilities consist of advance payments and deferred revenue, where the Company has unsatisfied performance obligations. Contract liabilities are mainly classified as Deferred revenue on the unaudited condensed consolidated balance sheets.

Payment terms vary by customer. The time between invoicing and when payment is due is not significant. For certain products or services and customer types, payment is required before the products or services are delivered to the customer.

The following table reflects the contract balances as of June 28, 2020 and December 31, 2019, respectively:

	Balance Sheet Location	June 28, 2020		December 31, 2019
		(In thousands)
Accounts receivable, net	Accounts receivable, net	$	277,490	$	277,168
Contract liabilities - current	Deferred revenue	$	8,171	$	6,450
Contract liabilities - non-current	Other non-current liabilities	$	2,621	$	2,061

The difference in the balances of the Company’s contract assets and liabilities as of June 28, 2020 and December 31, 2019 primarily results from the timing difference between the Company’s performance and the customer’s payment.

During the six months ended June 28, 2020, $8.8 million of revenue was deferred due to unsatisfied performance obligations for service contracts and undelivered product commitments, $6.5 million of revenue was recognized for the satisfaction of performance obligations and $4.4 million of this recognized revenue was included in the contract liability balance at the beginning of the period.

There were no significant changes in estimates during the period that would affect the contract balances.

In the following table, net revenue is disaggregated by geographic region and sales channel. The Company conducts business across three geographic regions: Americas; Europe, Middle-East and Africa (“EMEA”); and Asia Pacific ("APAC"). The table also includes a reconciliation of the disaggregated revenue by reportable segment. The Company operates and reports in two segments: Connected Home, and Small and Medium Business ("SMB"). Sales and usage-based taxes are excluded from net revenue.

	Three Months Ended
	June 28, 2020						June 30, 2019
	Connected Home		SMB		Total		Connected Home		SMB		Total
Geographic regions:
Americas	$	179,810	$	22,436	$	202,246	$	131,669	$	25,501	$	157,170
EMEA		31,203		17,156		48,359		17,526		25,565		43,091
APAC		19,004		10,443		29,447		18,300		12,291		30,591
Total	$	230,017	$	50,035	$	280,052	$	167,495	$	63,357	$	230,852
Sales channels:
Service provider	$	44,152	$	871	$	45,023	$	26,901	$	922	$	27,823
Non-service provider		185,865		49,164		235,029		140,594		62,435		203,029
Total	$	230,017	$	50,035	$	280,052	$	167,495	$	63,357	$	230,852

	Six Months Ended
	June 28, 2020						June 30, 2019
	Connected Home		SMB		Total		Connected Home		SMB		Total
Geographic regions:
Americas	$	308,974	$	51,462	$	360,436	$	245,356	$	59,843	$	305,199
EMEA		49,174		41,333		90,507		43,216		56,838		100,054
APAC		36,532		22,540		59,072		48,288		26,393		74,681
Total	$	394,680	$	115,335	$	510,015	$	336,860	$	143,074	$	479,934
Sales channels:
Service provider	$	70,839	$	1,668	$	72,507	$	63,719	$	2,398	$	66,117
Non-service provider		323,841		113,667		437,508		273,141		140,676		413,817
Total	$	394,680	$	115,335	$	510,015	$	336,860	$	143,074	$	479,934