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REVENUE
 6 Months Ended
Jun. 30, 2019
REVENUE [Abstract]  
REVENUE
2.
REVENUE

The following table provides information about disaggregated revenue by product group and sales channel, and includes a reconciliation of the disaggregated revenue to our reportable segments:


 
 
Three Months Ended June 30, 2019
  
Six Months Ended June 30, 2019
 
 
 
North
           
North
          
 
 
America
  
Asia
  
Europe
  
Consolidated
  
America
  
Asia
  
Europe
  
Consolidated
 
 
                        
By Product Group:
                        
Connectivity solutions
 
$
31,297
  
$
3,027
  
$
8,212
  
$
42,536
  
$
63,418
  
$
6,502
  
$
16,977
  
$
86,897
 
Magnetic solutions
  
9,638
   
29,168
   
2,046
   
40,852
   
18,583
   
56,258
   
4,267
   
79,108
 
Power solutions and protection
  
26,131
   
7,129
   
10,768
   
44,028
   
49,652
   
13,841
   
23,307
   
86,800
 
 
 
$
67,066
  
$
39,324
  
$
21,026
  
$
127,416
  
$
131,653
  
$
76,601
  
$
44,551
  
$
252,805
 
 
                                
By Sales Channel:
                                
Direct to customer
 
$
45,442
  
$
32,707
  
$
13,293
  
$
91,442
  
$
89,323
  
$
63,835
  
$
29,506
  
$
182,664
 
Through distribution
  
21,624
   
6,617
   
7,733
   
35,974
   
42,330
   
12,766
   
15,045
   
70,141
 
 
 
$
67,066
  
$
39,324
  
$
21,026
  
$
127,416
  
$
131,653
  
$
76,601
  
$
44,551
  
$
252,805
 
 
                                
 
                                
 
 
Three Months Ended June 30, 2018
  
Six Months Ended June 30, 2018
 
 
 
North
              
North
             
 
 
America
  
Asia
  
Europe
  
Consolidated
  
America
  
Asia
  
Europe
  
Consolidated
 
 
                                
By Product Group:
                                
Connectivity solutions
 
$
34,834
  
$
4,820
  
$
9,274
  
$
48,928
  
$
65,878
  
$
8,241
  
$
17,727
  
$
91,846
 
Magnetic solutions
  
10,158
   
32,844
   
2,546
   
45,548
   
18,209
   
60,669
   
4,898
   
83,776
 
Power solutions and protection
  
26,248
   
8,250
   
11,736
   
46,234
   
46,609
   
15,625
   
21,105
   
83,339
 
 
 
$
71,240
  
$
45,914
  
$
23,556
  
$
140,710
  
$
130,696
  
$
84,535
  
$
43,730
  
$
258,961
 
 
                                
By Sales Channel:
                                
Direct to customer
 
$
44,055
  
$
39,402
  
$
15,990
  
$
99,447
  
$
81,951
  
$
72,330
  
$
30,183
  
$
184,464
 
Through distribution
  
27,185
   
6,512
   
7,566
   
41,263
   
48,745
   
12,205
   
13,547
   
74,497
 
 
 
$
71,240
  
$
45,914
  
$
23,556
  
$
140,710
  
$
130,696
  
$
84,535
  
$
43,730
  
$
258,961
 
 
                                

The balances of the Company’s contract assets and contract liabilities at June 30, 2019 and December 31, 2018 are as follows:

  
June 30,
  
December 31,
 
  
2019
  
2018
 
       
Contract assets - current (unbilled receivable)
 
$
11,470
  
$
15,799
 
Contract liabilities - current (deferred revenue)
 
$
1,763
  
$
1,036
 

The change in balance of our unbilled receivables from December 31, 2018 to June 30, 2019 primarily relates to a timing difference between the Company’s performance (i.e. when our product is shipped to a customer-controlled hub) and the point at which the Company can invoice the customer per the terms of the customer contract (i.e. when the customer pulls our product from the customer-controlled hub).

The aggregate amount of transaction price allocated to remaining performance obligations that have not been satisfied as of June 30, 2019 related to contracts that exceed one year in duration amounted to $14.3 million, with expected contract expiration dates that range from 2020 - 2025. It is expected that 21% of this aggregate amount will be recognized in 2020, 54% will be recognized in 2021 and the remainder will be recognized in years beyond 2021.