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Revenue Recognition
3 Months Ended
Apr. 04, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
The following table summarizes disaggregated revenue information by geographic area based upon the customer's country of domicile (in thousands):
Three-months Ended
April 4, 2021March 29, 2020
Americas$107,836 $60,247 
Europe57,048 48,582 
Greater China38,238 26,403 
Other Asia35,905 32,003 
$239,027 $167,235 

The following table summarizes disaggregated revenue information by revenue type (in thousands):
Three-months Ended
April 4, 2021March 29, 2020
Standard products and services$222,326 $152,854 
Application-specific customer solutions16,701 14,381 
$239,027 $167,235 

Costs to Fulfill a Contract
Costs to fulfill a contract are included in "Prepaid expenses and other current assets" on the Consolidated Balance Sheet and amounted to $14,789,000 and $6,846,000 as of April 4, 2021 and December 31, 2020, respectively.

Accounts Receivable, Contract Assets, and Contract Liabilities
Accounts receivable represent amounts billed and currently due from customers which are reported at their net estimated realizable value. The Company maintains an allowance against its accounts receivable for credit losses. Contract assets consist of unbilled revenue which arises when revenue is recognized in advance of billing for certain application-specific customer solutions contracts. Contract liabilities consist of deferred revenue and customer deposits which arise when amounts are billed to or collected from customers in advance of revenue recognition.
The following table summarizes the allowance for credit losses activity for the three-month period ended April 4, 2021 (in thousands):
Balance as of December 31, 2020$831 
Increases to the allowance for credit losses— 
Write-offs (33)
Foreign exchange rate changes— 
Balance as of April 4, 2021$798 
The following table summarizes the deferred revenue and customer deposits activity for the three-month period ended April 4, 2021 (in thousands):
Balance as of December 31, 2020$21,274 
Deferral of revenue billed in the current period, net of recognition38,380 
Recognition of revenue deferred in prior periods(7,757)
Foreign exchange rate changes(237)
Balance as of April 4, 2021$51,660 

As a practical expedient, the Company has elected not to disclose the aggregate amount of the transaction price allocated to unsatisfied performance obligations, as our contracts have an original expected duration of less than one year.