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Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Schedule of Remaining Performance Obligations

The following table includes estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of December 31, 2019:

 

 

 

1 year

 

 

2 years

 

 

Greater than

2 years

 

 

Total

 

 

(In thousands)

 

Performance obligations

 

$

42,767

 

 

$

1,046

 

 

$

1,024

 

 

$

44,837

 
Schedule of Contract Balances

The following table reflects the contract balances as of December 31, 2019 and 2018 and January 1, 2018, respectively:

 

 

 

Balance Sheet Location

 

December 31,

2019

 

 

December 31,

2018

 

 

January 1,

2018(*)

 

 

 

 

 

(In thousands)

 

Accounts receivable, net

 

Accounts receivable, net

 

$

277,168

 

 

$

303,667

 

 

$

260,404

 

Contract liabilities - current

 

Deferred revenue

 

$

6,450

 

 

$

11,086

 

 

$

5,357

 

Contract liabilities - non-current

 

Other non-current liabilities

 

$

2,061

 

 

$

779

 

 

$

728

 

 

* Includes the adjustments made upon ASC 606 adoption using the modified retrospective method.
Schedule of Net Revenue Disaggregated by Geographical Region and Sales Channel

In the following tables, net revenue is disaggregated by geographic region and sales channel. The Company conducts business across three geographic regions: Americas; Europe, Middle-East and Africa (“EMEA”); and Asia Pacific ("APAC"). The tables also include reconciliations of the disaggregated revenue by reportable segment. The Company operates and reports in two segments: Connected Home, and Small and Medium Business (“SMB”). Sales and usage-based taxes are excluded from net revenue.

 

 

 

Year Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017 (1)

 

 

 

Connected

Home

 

 

SMB

 

 

Total

 

 

Connected

Home

 

 

SMB

 

 

Total

 

 

Connected

Home

 

 

SMB

 

 

Total

 

Geographic regions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

529,982

 

 

$

123,024

 

 

$

653,006

 

 

$

576,476

 

 

$

124,217

 

 

$

700,693

 

 

$

547,314

 

 

$

117,775

 

 

$

665,089

 

EMEA

 

 

91,586

 

 

 

108,513

 

 

 

200,099

 

 

 

97,979

 

 

 

109,620

 

 

 

207,599

 

 

 

93,438

 

 

 

103,636

 

 

 

197,074

 

APAC

 

 

89,823

 

 

 

55,835

 

 

 

145,658

 

 

 

96,605

 

 

 

53,919

 

 

 

150,524

 

 

 

127,509

 

 

 

49,497

 

 

 

177,006

 

Total

 

$

711,391

 

 

$

287,372

 

 

$

998,763

 

 

$

771,060

 

 

$

287,756

 

 

$

1,058,816

 

 

$

768,261

 

 

$

270,908

 

 

$

1,039,169

 

Sales channels:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service provider

 

$

128,852

 

 

$

4,465

 

 

$

133,317

 

 

$

156,671

 

 

$

3,624

 

 

$

160,295

 

 

$

190,186

 

 

$

3,268

 

 

$

193,454

 

Non-service provider

 

 

582,539

 

 

 

282,907

 

 

 

865,446

 

 

 

614,389

 

 

 

284,132

 

 

 

898,521

 

 

 

578,075

 

 

 

267,640

 

 

 

845,715

 

Total

 

$

711,391

 

 

$

287,372

 

 

$

998,763

 

 

$

771,060

 

 

$

287,756

 

 

$

1,058,816

 

 

$

768,261

 

 

$

270,908

 

 

$

1,039,169

 

 

(1)

Prior period amounts have not been adjusted to conform with ASC 606 as the Company adopted ASC 606 under the modified retrospective method.