Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations And Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

The financial results of Arlo through the Distribution date are presented as income (loss) from discontinued operations, net of tax, in the consolidated statements of operations. The following table presents financial results of Arlo:

	Year Ended December 31,
	2018			2017
	(In thousands)
Net revenue	$	464,649		$	367,751
Cost of net revenue		372,843			279,425
Gross profit		91,806			88,326
Operating expenses:
Research and development		48,696			22,710
Sales and marketing		39,713			19,490
General and administrative		17,762			691
Separation expense		31,583			1,384
Litigation reserves, net	—				28
Total operating expenses		137,754			44,303
Income (loss) from operations of discontinued operations		(45,948	)		44,023
Interest income, net		1,239		—
Other income (expense), net		(41	)		467
Income (loss) from discontinued operations before income taxes		(44,750	)		44,490
Provision (benefit) for income taxes		(9,095	)		13,921
Income (loss) from discontinued operations, net of tax	$	(35,655	)	$	30,569