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Revenue and Accounts Receivable, Net | 12 Months Ended
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Dec. 31, 2023
Receivables [Abstract] |
Revenue and Accounts Receivable, Net | Revenue and Accounts Receivable, Net Revenue Details The pattern of revenue recognition was as follows:
| Year Ended December 31,
(In thousands) | 2023 |  | 2022 |  | 2021
Goods and services transferred at a point in time | $ | 324,433 |  |  | $ | 450,227 |  |  | $ | 498,554 |
Goods and services transferred over time | 96,024 |  |  | 92,524 |  |  | 103,048 |
Net sales | $ | 420,457 |  |  | $ | 542,751 |  |  | $ | 601,602 |
Our net sales to external customers by geographic area were as follows:
| Year Ended December 31,
(In thousands) | 2023 |  | 2022 |  | 2021
United States | $ | 129,528 |  |  | $ | 167,501 |  |  | $ | 200,136 |
Asia (excluding the PRC) | 85,347 |  |  | 127,702 |  |  | 127,140 |
Europe | 90,221 |  |  | 103,993 |  |  | 126,551 |
People's Republic of China | 63,334 |  |  | 85,215 |  |  | 87,866 |
Latin America | 28,870 |  |  | 28,363 |  |  | 25,943 |
Other | 23,157 |  |  | 29,977 |  |  | 33,966 |
Total net sales | $ | 420,457 |  |  | $ | 542,751 |  |  | $ | 601,602 |
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 customer totaled more than 10% of our net sales:
| Year Ended December 31, |  |
| 2023 |  | 2022 |  | 2021 |  |
| $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |  | $ (thousands) |  | % of Net Sales |  |
Comcast Corporation | (1) |  | (1) |  | $ | 75,917 |  |  | 14.0 | % |  | $ | 98,361 |  |  | 16.3 | % |  |
Daikin Industries Ltd. | $ | 58,843 |  |  | 14.0 | % |  | $ | 78,413 |  |  | 14.4 | % |  | $ | 70,793 |  |  | 11.8 | % |  |
(1) Sales associated with this customer did not total more than 10% of our net sales for the indicated period. Accounts Receivable, Net Accounts receivable, net were as follows:
| December 31,
(In thousands) | 2023 |  | 2022
Trade receivables, gross | $ | 106,182 |  |  | $ | 108,030 |
Allowance for credit losses | (815) |  |  | (957) |
Allowance for sales returns | (532) |  |  | (618) |
Trade receivables, net | 104,835 |  |  | 106,455 |
Other (1) | 7,761 |  |  | 5,891 |
Accounts receivable, net | $ | 112,596 |  |  | $ | 112,346 |
(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) | Year Ended December 31,
2023 |  | 2022 |  | 2021
Balance at beginning of period | $ | 957 |  |  | $ | 1,285 |  |  | $ | 1,412 |
Additions (reductions) to costs and expenses | 70 |  |  | (182) |  |  | — |
Cash receipts | — |  |  | — |  |  | — |
Write-offs/Foreign exchange effects | (212) |  |  | (146) |  |  | (127) |
Balance at end of period | $ | 815 |  |  | $ | 957 |  |  | $ | 1,285 |
Trade receivables associated with this significant customer that totaled more than 10% of our accounts receivable, net were as follows:
| December 31, |
| 2023 |  | 2022 |  |
| $ (thousands) |  | % of Accounts Receivable, Net |  | $ (thousands) |  | % of Accounts Receivable, Net |  |
Comcast Corporation | (1) |  | (1) |  | $ | 15,367 |  |  | 13.7 | % |  |
(1) Trade receivables associated with this customer did not total more than 10% of our accounts receivable, net for the indicated period. Contract Liabilities We have current and non-current contract liability balances primarily relating to our firmware update provisioning and digital rights management validation services. Changes in the carrying amount of contract liabilities were as follows:
(In thousands) | Year Ended December 31,
2023 |  | 2022
Balance at beginning of period | $ | 1,931 |  |  | $ | 390 |
Contract liabilities acquired (1) | — |  |  | 2,390 |
Payments received | 6,080 |  |  | 4,964 |
Revenue recognized | (4,529) |  |  | (5,812) |
Foreign exchange effects | 19 |  |  | (1) |
Balance at end of period | $ | 3,501 |  |  | $ | 1,931 |
(1) During the year ended December 31, 2022, we recognized $2.4 million of contract liabilities related to the Qterics, Inc. ("Qterics") acquisition. Refer to Note 21 for further information about this acquisition.

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- 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 -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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