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Revenue
3 Months Ended
Mar. 31, 2020
Revenue from Contract with Customer [Abstract]  
REVENUE REVENUE
Disaggregation of revenue from contracts with customers
In the following tables, revenue from contracts with customers are disaggregated by key product lines, key distribution channels, and key geographic regions.
The percentage of net sales related to the Company’s key product lines for the three months ended March 31, 2020, and 2019, was approximately as follows:
For the Three Months Ended
March 31, 2020March 31, 2019
Protection (screen protection and cases)67%59%
Power (power management and power cases)25%29%
Audio2%5%
Productivity (keyboards and other)6%7%
The percentage of net sales related to the Company’s key distribution channels for the three months ended March 31, 2020, and 2019, was approximately as follows:
For the Three Months Ended
March 31, 2020March 31, 2019
Indirect channel87%79%
Website8%14%
Franchisees5%7%
The percentage of net sales related to the Company’s key geographic regions for the three months ended March 31, 2020, and 2019, was approximately as follows:
For the Three Months Ended
March 31, 2020March 31, 2019
United States77%71%
Europe14%12%
Other9%17%
Contract Balances
Timing of revenue recognition may differ from timing of invoicing to customers or timing of consideration received. The following table provides information about receivables, right of return assets, contract liabilities, refund liabilities, and warranty liabilities from the Company’s contracts with customers as of March 31, 2020, and December 31, 2019:
March 31, 2020December 31, 2019
Receivables, which comprises the balance in accounts receivable, net of allowances$83,746  $142,804  
Right of return assets, which are included in prepaid expenses and other current assets314  2,177  
Refund liabilities, which are included in sales return liability27,960  39,790  
Warranty liabilities, which are included in sales return liability2,611  4,063  
Contract liabilities, which are included in accrued liabilities35  39  
The current balance of the right of return assets is the estimated amount of inventory to be returned that is expected to be resold. The current balance of refund liabilities is the expected amount of estimated sales returns, discounts and other credits from sales that have occurred. The current balance of warranty liabilities is the expected amount of warranty claim returns from sales that have occurred. The current balance of contract liabilities primarily relates to the advance consideration received from customers for products for which transfer of control has not yet occurred and therefore, revenue is deferred and will be recognized when the transfer of control has been completed.
The following summarizes the activities in the Company’s warranty liabilities for the three months ended March 31, 2020, and 2019:
March 31, 2020March 31, 2019
Balance at beginning of period$4,063  $4,646  
Additions416  2,253  
Warranty claims charged(1,867) (3,041) 
Foreign currency translation gain(1) —  
Balance at end of period$2,611  $3,858