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Revenue (Tables)
9 Months Ended
Sep. 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 September 30,
(In thousands)(Unaudited)
20202019
Net sales:
Point-in-Time(1)
Over TimeTotal
Point-in-Time(1)
Over TimeTotal
Americas$107,808 $19,241 $127,049 $119,895 $23,222 $143,117 
EMEA57,988 20,551 78,539 70,076 19,662 89,738 
APAC92,050 10,486 102,536 98,161 9,426 107,587 
Total net sales(1)
$257,846 $50,278 $308,124 $288,132 $52,310 $340,442 
(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.
Nine Months Ended September 30,
(In thousands)(Unaudited)
20202019
Net sales:
Point-in-Time(1)
Over TimeTotal
Point-in-Time(1)
Over TimeTotal
Americas$316,220 $57,554 $373,774 $325,349 $69,337 $394,686 
EMEA181,330 58,594 239,924 216,644 57,411 274,055 
APAC274,341 30,795 305,136 290,140 26,866 317,006 
Total net sales(1)
$771,891 $146,943 $918,834 $832,133 $153,614 $985,747 
(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 nine months ended September 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 recognition95,934 
Recognition of revenue deferred in prior periods(103,274)
Acquisitions/Divestitures(7,955)
Foreign currency translation impact1,451 
Balance as of September 30, 2020 (unaudited)$151,081