

	Year Ended February 1, 2020		% of Total		Year Ended February 2, 2019		% of Total		Year Ended February 3, 2018		% of Total
Net revenue by product group:
Networking (1)	$	1,377,635	51	%	$	1,313,439	46	%	$	961,497	40	%
Storage (2)	1,137,766		42	%	1,376,697		48	%	1,254,365		52	%
Other (3)	183,760		7	%	175,655		6	%	193,308		8	%
	$	2,699,161			$	2,865,791			$	2,409,170



	Year Ended February 1, 2020		% of Total		Year Ended February 2, 2019		% of Total		Year Ended February 3, 2018		% of Total
Net revenue based on destination of shipment:
China	$	1,071,028	40	%	$	1,189,928	42	%	$	1,205,202	50	%
United States	258,827		10	%	251,905		9	%	42,560		2	%
Thailand	230,218		9	%	165,923		6	%	137,662		6	%
Malaysia	226,358		8	%	372,817		13	%	388,469		16	%
Philippines	221,566		8	%	235,921		8	%	270,101		11	%
Others	691,164		25	%	649,297		22	%	365,176		15	%
	$	2,699,161			$	2,865,791			$	2,409,170

These destinations of shipment are not necessarily indicative of the geographic location of the Company's end customers or the country in which the Company's end customers sell devices containing the Company's products.



	Year Ended February 1, 2020		% of Total		Year Ended February 2, 2019		% of Total		Year Ended February 3, 2018		% of Total
Net revenue by customer type:
Direct customers	$	2,041,089	76	%	$	2,197,209	77	%	$	1,888,108	78	%
Distributors	658,072		24	%	668,582		23	%	521,062		22	%
	$	2,699,161			$	2,865,791			$	2,409,170

Contract liabilities consist of the Company’s obligation to transfer goods or services to a customer for which the Company has received consideration or the amount is due from the customer. As of February 1, 2020, contract liability balances are comprised of variable consideration estimated based on a portfolio basis using the expected value methodology based on analysis of historical data, current economic conditions, and contractual terms. Variable consideration estimates consist of the estimated returns, price discounts, price protection, rebates, and stock rotation programs. As of the end of a reporting period, some of the performance obligations associated with contracts will have been unsatisfied or only partially satisfied. In accordance with the practical expedients available in the guidance, the Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected duration of one year or less. Contract liabilities are included in accrued liabilities in the consolidated balance sheets.

The opening balance of contract liabilities at the beginning of fiscal year 2020 was $142.4 million. During the year ended February 1, 2020, contract liabilities increased by $666.5 million associated with variable consideration estimates, offset by $697.4 million decrease in such reserves primarily due to credit memos issued to customers. The ending balance of contract liabilities at the end of fiscal year 2020 was $111.5 million. The amount of revenue recognized during the year ended February 1, 2020 that was included in the contract liabilities balance at February 2, 2019 was not material.

The Company has elected to apply the practical expedient to expense commissions when incurred as the amortization period is typically one year or less. These costs are recorded in selling, general and administrative expenses in the consolidated statements of operations.