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Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 30, 2019
Revenue from Contract with Customer [Abstract]  
Contracts with Customers
The following table summarizes the activity for our contract assets during the first three months of fiscal 2019:
 (In thousands)
 
Balance as of December 29, 2018
$
9,143

Revenues recorded during the period
2,947

Transferred to accounts receivable or collected
(1,118
)
Balance as of March 30, 2019
$
10,972

Disaggregation of revenue
The following tables provide information about revenue from contracts with customers disaggregated by major class of revenue and by geographical market, based on ship-to location of the end customer, where available, and ship-to location of distributor otherwise:
 
Major Class of Revenue
 
Three Months Ended
 
 (In thousands)
 
March 30,
2019
 
March 31,
2018
 
Product revenue - Distributors
 
77,472

 
85,957

 
Product revenue - Direct
 
14,140

 
9,152

 
Licensing and services revenue
 
6,479

 
3,514

 
Total revenue
 
98,091

 
98,623

 
 
 
 
 
 
 
Revenue by Geographical Market
 
Three Months Ended
 
 (In thousands)
 
March 30,
2019
 
March 31,
2018
 
Asia
 
69,011

 
71,921

 
Europe
 
12,210

 
12,142

 
Americas
 
16,870

 
14,560

 
Total revenue
 
98,091

 
98,623