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Revenues | 12 Months Ended
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Dec. 31, 2021
Revenue from Contract with Customer [Abstract] |
Revenues | 10. REVENUES Revenue from the sale of Advanced Products represents the sum of third-party sales of the products sold under the Advanced Products line, which were sold under the former Picor Corporation (“Picor”) and VI Chip Corporation (“VI Chip”) operating segments during periods prior to the second quarter of 2019. Revenue from the sale of Brick Products represents the sum of third-party sales of the products sold under the Brick Products line, which were also sold under the former Brick Business Unit operating segment, inclusive of such sales of our Vicor Custom Power and VJCL subsidiaries. See Note 17, Segment Information , for a discussion of changes to the Company’s segment reporting. The following tables present the Company’s net revenues disaggregated by geography based on the location of the customer, by product line (in thousands):
|  | Year Ended December 31, 2021 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
United States |  | $ | 74,280 |  |  | $ | 44,360 |  |  | $ | 118,640 |
Europe |  |  | 32,762 |  |  |  | 5,145 |  |  |  | 37,907 |
Asia Pacific |  |  | 80,344 |  |  |  | 120,459 |  |  |  | 200,803 |
All other |  |  | 1,758 |  |  |  | 256 |  |  |  | 2,014 |
|  | $ | 189,144 |  |  | $ | 170,220 |  |  | $ | 359,364 |
|  | Year Ended December 31, 2020 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
United States |  | $ | 80,065 |  |  | $ | 25,493 |  |  | $ | 105,558 |
Europe |  |  | 23,491 |  |  |  | 6,641 |  |  |  | 30,132 |
Asia Pacific |  |  | 83,985 |  |  |  | 73,899 |  |  |  | 157,884 |
All other |  |  | 2,715 |  |  |  | 287 |  |  |  | 3,002 |
|  | $ | 190,256 |  |  | $ | 106,320 |  |  | $ | 296,576 |
|  | Year Ended December 31, 2019 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
United States |  | $ | 98,822 |  |  | $ | 22,806 |  |  | $ | 121,628 |
Europe |  |  | 22,172 |  |  |  | 5,090 |  |  |  | 27,262 |
Asia Pacific |  |  | 62,720 |  |  |  | 46,107 |  |  |  | 108,827 |
All other |  |  | 4,182 |  |  |  | 1,078 |  |  |  | 5,260 |
|  | $ | 187,896 |  |  | $ | 75,081 |  |  | $ | 262,977 |
The following tables present the Company’s net revenues disaggregated by the category of revenue, by product line (in thousands):
|  | Year Ended December 31, 2021 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
Direct customers, contract manufacturers and non-stocking distributors |  | $ | 139,099 |  |  | $ | 144,180 |  |  | $ | 283,279 |
Stocking distributors, net of sales allowances |  |  | 49,359 |  |  |  | 14,123 |  |  |  | 63,482 |
Non-recurring engineering |  |  | 686 |  |  |  | 10,027 |  |  |  | 10,713 |
Royalties |  |  | — |  |  |  | 1,819 |  |  |  | 1,819 |
Other |  |  | — |  |  |  | 71 |  |  |  | 71 |
|  | $ | 189,144 |  |  | $ | 170,220 |  |  | $ | 359,364 |
|  | Year Ended December 31, 2020 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
Direct customers, contract manufacturers and non-stocking distributors |  | $ | 160,004 |  |  | $ | 91,405 |  |  | $ | 251,409 |
Stocking distributors, net of sales allowances |  |  | 29,411 |  |  |  | 8,510 |  |  |  | 37,921 |
Non-recurring engineering |  |  | 841 |  |  |  | 6,181 |  |  |  | 7,022 |
Royalties |  |  | — |  |  |  | 152 |  |  |  | 152 |
Other |  |  | — |  |  |  | 72 |  |  |  | 72 |
|  | $ | 190,256 |  |  | $ | 106,320 |  |  | $ | 296,576 |
|  | Year Ended December 31, 2019 |
|  | Brick Products |  |  | Advanced Products |  |  | Total |
Direct customers, contract manufacturers and non-stocking distributors |  | $ | 159,135 |  |  | $ | 63,567 |  |  | $ | 222,702 |
Stocking distributors, net of sales allowances |  |  | 27,797 |  |  |  | 9,802 |  |  |  | 37,599 |
Non-recurring engineering |  |  | 843 |  |  |  | 1,614 |  |  |  | 2,457 |
Royalties |  |  | 121 |  |  |  | 24 |  |  |  | 145 |
Other |  |  | — |  |  |  | 74 |  |  |  | 74 |
|  | $ | 187,896 |  |  | $ | 75,081 |  |  | $ | 262,977 |
The following table presents the changes in certain contract assets and (liabilities) (in thousands):
|  | December 31, 2021 |  |  | December 31, 2020 |  |  | Change |
Short-term deferred revenue and customer prepayments |  | $ | (7,912 | ) |  | $ | (7,309 | ) |  | $ | (603 | )
Long-term deferred revenue |  |  | (413 | ) |  |  | (733 | ) |  |  | 320 |
Deferred expenses |  |  | 560 |  |  |  | 1,650 |  |  |  | (1,090 | )
Sales allowances |  |  | (1,464 | ) |  |  | (597 | ) |  |  | (867 | )
The increase in sales allowances was due to the increase in the year-to-date net revenues in 2021. Deferred expenses are included in Other current assets, in the accompanying Consolidated Balance Sheets. Net revenues from unaffiliated customers by geographic region, based on the location of the customer, for the years ended December 31 were as follows (in thousands):
|  | 2021 |  |  | 2020 |  |  | 2019 |
United States |  | $ | 118,640 |  |  | $ | 105,558 |  |  | $ | 121,628 |
Europe |  |  | 37,907 |  |  |  | 30,132 |  |  |  | 27,262 |
Asia Pacific |  |  | 200,803 |  |  |  | 157,884 |  |  |  | 108,827 |
All other |  |  | 2,014 |  |  |  | 3,002 |  |  |  | 5,260 |
|  | $ | 359,364 |  |  | $ | 296,576 |  |  | $ | 262,977 |
During 2021, 2020, and 2019, one customer accounted for approximately 14.9%, 18.5%, and 12.7% of net revenues, respectively, which included net revenues from both business product lines in each of the three years. Net revenues from customers in China (including Hong Kong), the Company’s largest international market, accounted for approximately 27.5% of total net revenues in 2021, 31.4% in 2020 and 22.1% in 2019, respectively.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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