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Revenue (Tables) | 9 Months Ended
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Sep. 30, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables illustrate the disaggregation of revenue by geographic area, groups of similar products and services and sales channels: Net sales by geographic area
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Americas | $ | 211.2 |  |  | $ | 174.0 |  |  | $ | 632.2 |  |  | $ | 512.7 |
Europe, Middle East and Africa | 72.0 |  |  | 69.0 |  |  | 234.1 |  |  | 225.0 |
Asia Pacific | 21.5 |  |  | 19.9 |  |  | 65.9 |  |  | 63.5 |
Total | $ | 304.7 |  |  | $ | 262.9 |  |  | $ | 932.2 |  |  | $ | 801.2 |
Net sales are attributed to each geographic area based on the end-user country and are net of intercompany sales. Net sales by groups of similar products and services
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Equipment | $ | 189.5 |  |  | $ | 153.8 |  |  | $ | 579.1 |  |  | $ | 484.0 |
Parts and consumables | 68.3 |  |  | 67.4 |  |  | 212.7 |  |  | 194.1 |
Service and other | 46.9 |  |  | 41.7 |  |  | 140.4 |  |  | 123.1 |
Total | $ | 304.7 |  |  | $ | 262.9 |  |  | $ | 932.2 |  |  | $ | 801.2 |
Net sales by sales channel
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Sales direct to consumer | $ | 214.6 |  |  | $ | 174.9 |  |  | $ | 638.4 |  |  | $ | 518.4 |
Sales to distributors | 90.1 |  |  | 88.0 |  |  | 293.8 |  |  | 282.8 |
Total | $ | 304.7 |  |  | $ | 262.9 |  |  | $ | 932.2 |  |  | $ | 801.2 |
Schedule of Change in Sales Incentive Accrual Balance and Deferred Revenue Balance | The change in our sales incentive accrual balance was as follows:
| Nine Months Ended September 30,
| 2023 |  | 2022
Beginning balance | $ | 20.0 |  |  | $ | 19.9 |
Additions to sales incentive accrual | 21.9 |  |  | 16.1 |
Contract payments | (20.4) |  |  | (19.5) |
Foreign currency fluctuations | (0.1) |  |  | (0.9) |
Ending balance | $ | 21.4 |  |  | $ | 15.6 |
The change in the deferred revenue balance was as follows:
| Nine Months Ended September 30,
| 2023 |  | 2022
Beginning balance | $ | 9.3 |  |  | $ | 11.2 |
Increase in deferred revenue representing our obligation to satisfy future performance obligations | 13.5 |  |  | 19.4 |
Decrease in deferred revenue for amounts recognized in net sales for satisfied performance obligations | (14.0) |  |  | (19.9) |
Foreign currency fluctuations | — |  |  | (0.7) |
Ending balance | $ | 8.8 |  |  | $ | 10.0 |
Schedule of Recognition of Net Sales in Future Periods | Of these amounts, we expect to recognize the following approximate amounts in net sales in the following periods:
Remaining 2023 | $ | 4.6 |
2024 | 2.1 |
2025 | 1.2 |
2026 | 0.6 |
2027 | 0.2 |
Thereafter | 0.1 |
Total | $ | 8.8 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
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