XML 19 R10.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Revenue and Accounts Receivable, Net | 9 Months Ended
--- | ---
Sep. 30, 2022
Receivables [Abstract] |
Revenue and Accounts Receivable, Net | Revenue and Accounts Receivable, Net Revenue Details The pattern of revenue recognition was as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Goods and services transferred at a point in time | $ | 127,672 |  |  | $ | 129,530 |  |  | $ | 355,113 |  |  | $ | 371,921 |
Goods and services transferred over time | 20,810 |  | 26,095 |  | 64,880 |  | 84,737 |
Net sales | $ | 148,482 |  |  | $ | 155,625 |  |  | $ | 419,993 |  |  | $ | 456,658 |
Our net sales to external customers by geographic area were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
United States | $ | 46,732 |  |  | $ | 49,637 |  |  | $ | 130,196 |  |  | $ | 151,251 |
Asia (excluding PRC) | 32,614 |  | 34,422 |  |  | 100,000 |  | 100,247 |
Europe | 27,358 |  | 32,187 |  | 76,382 |  | 91,353
People's Republic of China | 26,696 |  | 23,413 |  | 68,604 |  | 71,242
Latin America | 7,602 |  | 6,917 |  | 20,996 |  | 18,429
Other | 7,480 |  | 9,049 |  | 23,815 |  | 24,136
Total net sales | $ | 148,482 |  |  | $ | 155,625 |  |  | $ | 419,993 |  |  | $ | 456,658 |
Specific identification of the customer billing location was the basis used for attributing revenues from external customers to geographic areas. Net sales to the following customers totaled more than 10% of our net sales:
| Three Months Ended September 30,
| 2022 |  | 2021
| $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |
Comcast Corporation | $ | 26,479 |  |  | 17.8 | % |  | $ | 22,578 |  |  | 14.5 | % |
Daikin Industries Ltd. | $ | 21,381 |  |  | 14.4 | % |  | $ | 20,610 |  |  | 13.2 | % |
| Nine Months Ended September 30,
| 2022 |  | 2021
| $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |
Comcast Corporation | $ | 65,087 |  |  | 15.5 | % |  | $ | 74,478 |  |  | 16.3 | % |
Daikin Industries Ltd. | $ | 59,397 |  |  | 14.1 | % |  | $ | 54,495 |  |  | 11.9 | % |
Accounts Receivable, Net Accounts receivable, net were as follows:
(In thousands) | September 30, 2022 |  | December 31, 2021
Trade receivables, gross | $ | 131,734 |  |  | $ | 122,508 |
Allowance for credit losses | (946) |  |  | (1,285) |
Allowance for sales returns | (544) |  |  | (592) |
Trade receivables, net | 130,244 |  |  | 120,631 |
Other (1) | 5,251 |  |  | 8,584 |
Accounts receivable, net | $ | 135,495 |  |  | $ | 129,215 |
(1)Other accounts receivable is primarily comprised of value added tax and supplier rebate receivables. Allowance for Credit Losses Changes in the allowance for credit losses were as follows:
(In thousands) | Nine Months Ended September 30,
2022 |  | 2021
Balance at beginning of period | $ | 1,285 |  |  | $ | 1,412 |
Additions (reductions) to costs and expenses | (204) |  |  | 1 |
Write-offs/Foreign exchange effects | (135) |  |  | (69) |
Balance at end of period | $ | 946 |  |  | $ | 1,344 |
Trade receivables associated with this significant customer that totaled more than 10% of our accounts receivable, net was as follows:
| September 30, 2022 |  | December 31, 2021 |
| $ (thousands) |  | % of Accounts Receivable, Net |  | $ (thousands) |  | % of Accounts Receivable, Net |
Comcast Corporation | $ | 23,890 |  |  | 17.6 | % |  | $ | — |  | (1) | — | % | (1)
(1) Trade receivables associated with this customer did not total more than 10% of our accounts receivable, net for the indicated period.

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -URI https://asc.fasb.org/subtopic&trid=2196772 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration