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Revenue (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Total net sales based on the disaggregation criteria described above are as follows:
Three Months Ended June 30,
(In thousands)(Unaudited)
20202019
Net sales:
Point-in-Time(1)
Over TimeTotal
Point-in-Time(1)
Over TimeTotal
Americas$103,113  $18,595  $121,708  $105,773  $23,141  $128,914  
EMEA56,203  18,453  74,656  74,101  18,624  92,725  
APAC94,419  10,546  104,965  103,874  8,718  112,592  
Total net sales(1)
$253,735  $47,594  $301,329  $283,748  $50,483  $334,231  
(1) Net sales contains hedging gains and losses, which do not represent revenues recognized from customers.
See Note - 5 Derivatives 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
Six Months Ended June 30,
(In thousands)(Unaudited)
20202019
Net sales:
Point-in-Time(1)
Over TimeTotal
Point-in-Time(1)
Over TimeTotal
Americas$208,412  $38,313  $246,725  $205,454  $46,115  $251,569  
EMEA123,896  37,489  161,385  146,569  37,749  184,318  
APAC181,607  20,992  202,599  191,978  17,440  209,418  
Total net sales(1)
$513,915  $96,794  $610,709  $544,001  $101,304  $645,305  
(1) Net sales contains hedging gains and losses, which do not represent revenues recognized from customers.
See Note - 5 Derivatives 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
Schedule of Changes in Deferred Revenue, Current and Non-Current
Changes in deferred revenue, current and non-current, during the six months ended June 30, 2020 were as follows:
Amount
(In thousands)
Balance as of December 31, 2019$164,925  
Deferral of revenue billed in current period, net of recognition74,985  
Recognition of revenue deferred in prior periods(77,380) 
Divestiture of AWR subsidiary(15,296) 
Foreign currency translation impact(981) 
Balance as of June 30, 2020 (unaudited)$146,253