Segment Information (Tables)

3 Months Ended

Apr. 02, 2023

Segment Reporting [Abstract]

Schedule of Reportable Segments and Reconciliation of Segment Contribution Income (Loss) to Income (Loss) Before Income Taxes

Financial information for each reportable segment and a reconciliation of segment contribution income (loss) to loss before income taxes is as follows:

	Three Months Ended
(In thousands)	April 2, 2023			April 3, 2022
Net Revenue:
Connected Home	$	102,746		$	130,342
SMB		78,162			80,216
Total net revenue	$	180,908		$	210,558
Contribution Income (loss):
Connected Home	$	668		$	(1,975	)
Contribution margin		0.7	%		(1.5	)%
SMB	$	14,442		$	13,496
Contribution margin		18.5	%		16.8	%
Total segment contribution income	$	15,110		$	11,521
Corporate and unallocated costs		(22,183	)		(20,801	)
Amortization of intangibles (1)		(129	)		(129	)
Stock-based compensation expense		(4,665	)		(4,697	)
Goodwill impairment		—			(44,442	)
Restructuring and other charges		(108	)		23
Litigation reserves, net		—			(20	)
Other income (expenses), net (2)		1,406			(982	)
Loss before income taxes	$	(10,569	)	$	(59,527	)

(1)Amounts exclude amortization expense related to patents within purchased intangibles in cost of revenue.

(2)Amounts included gain/(loss), net from derivatives not designated as hedging instruments of $(0.2) million and $1.2 million, for the three months ended April 2, 2023 and April 3, 2022, respectively.

Schedule of Net Revenue by Geography

The following table shows net revenue by geography:

	Three Months Ended
(In thousands)	April 2, 2023		April 3, 2022
United States (U.S.)	$	117,798	$	141,005
Americas (excluding U.S.)		4,124		3,644
EMEA (1)		39,178		36,865
APAC (1)		19,808		29,044
Total net revenue	$	180,908	$	210,558

(1) No individual foreign country represented more than 10% of the Company's total net revenue in the periods presented.

Schedule of Long-Lived Asset By Geographic Region

The following table presents the Company's long-lived assets located in geographic areas, which consist of property and equipment, net, and operating lease right-of-use assets:

(In thousands)	April 2, 2023		December 31, 2022
United States (U.S.)	$	30,201	$	32,142
Americas (excluding U.S.)		2,062		2,367
EMEA		4,222		3,564
APAC (1)		11,689		12,020
Total	$	48,174	$	50,093

(1)No individual foreign countries represented more than 10% of the Company's total long-lived assets in the periods presented.