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Revenue (Tables)
12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue Total net sales based on the disaggregation criteria described above are as follows:


 
 
 
Year Ended December 31,
 
 

 
2019
(In thousands)
 
 
 
 
 
 
Net sales:
 
Point-in-Time
 
Over Time
 
Total
Americas
 
$
446,703

 
$
91,976

 
$
538,679

EMEIA
 
324,410

 
79,014

 
403,424

APAC
 
376,631

 
34,481

 
411,112

Total net sales (1)
 
$
1,147,744

 
$
205,471

 
$
1,353,215

(1) Net sales contain hedging gains and losses, which do not represent revenues recognized from customers. See Note 5 -Derivative instruments and hedging activities of Notes to Consolidated Financial Statements for more information on the impact of our hedging activities on our results of operations

 
 
 
Year Ended December 31,
 
 

 
2018
(In thousands)
 
 
 
 
 
 
Net sales:
 
Point-in-Time
 
Over Time
 
Total
Americas
 
$
451,047

 
$
87,341

 
$
538,388

EMEIA
 
356,070

 
76,907

 
432,977

APAC
 
355,024

 
32,743

 
387,767

Total net sales (1)
 
$
1,162,141

 
$
196,991

 
$
1,359,132

(1) Net sales contain hedging gains and losses, which do not represent revenues recognized from customers. See Note 5 -Derivative instruments and hedging activities of Notes to Consolidated Financial Statements for more information on the impact of our hedging activities on our results of operations

Total net sales by the major geographic areas in which we operate, are as follows:
(In thousands)
 
Years Ended December 31,

 
2019
 
2018
 
2017 (1)
Net sales:
 
 
 
 
 
 
Americas
 
$
538,679

 
$
538,388

 
$
504,626

EMEIA
 
403,424

 
432,977

 
408,625

APAC
 
411,112

 
387,767

 
376,135

Total
 
$
1,353,215

 
$
1,359,132

 
$
1,289,386

(1) As discussed in Note 1 - Operations and summary of significant accounting policies of Notes to Consolidated Financial Statements, prior periods have not been adjusted for adoption of ASU 2014-09


Changes in Deferred Revenue
Changes in deferred revenue, current and long-term, during the twelve months ended December 31, 2019 were as follows:


Amount

(In thousands)
Deferred Revenue at January 1, 2019
$
159,924

   Deferral of revenue billed in current period, net of recognition
116,842

   Recognition of revenue deferred in prior periods
(111,417
)
   Foreign currency translation impact
(424
)
Balance as of December 31, 2019
$
164,925