Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

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

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

	Year ended December 31,
	2019			2018			2017
	(In thousands, except percentage data)
Net Revenue:
Connected Home	$	711,391		$	771,060		$	768,261
SMB		287,372			287,756			270,908
Total net revenue	$	998,763		$	1,058,816		$	1,039,169

Contribution Income:
Connected Home	$	67,775		$	96,340		$	83,870
Contribution margin		9.5	%		12.5	%		10.9	%
SMB	$	67,282		$	70,142		$	63,865
Contribution margin		23.4	%		24.4	%		23.6	%
Total segment contribution income	$	135,057		$	166,482		$	147,735
Corporate and unallocated costs		(70,525	)		(90,186	)		(75,305	)
Amortization of intangibles ⁽¹⁾		(6,731	)		(7,979	)		(10,663	)
Stock-based compensation expense		(29,137	)		(26,461	)		(18,969	)
Separation expense		(264	)		(929	)		—
Change in fair value of contingent consideration		25			—			—
Restructuring and other charges		(2,077	)		(2,198	)		(97	)
Litigation reserves, net		(160	)		(15	)		(148	)
Interest income, net		2,539			3,980			2,114
Other income (expense), net		844			510			1,557
Income before income taxes	$	29,571		$	43,204		$	46,224

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

Schedule of Net Revenue by Geography

The following table shows net revenue by geography for the years ended December 31, 2019, 2018 and 2017

	Year Ended December 31,
	2019		2018		2017
	(In thousands)
United States (U.S.)	$	637,566	$	686,145	$	648,152
Americas (excluding U.S.)		15,440		14,548		16,937
EMEA		200,099		207,599		197,074
APAC		145,658		150,524		177,006
Total net revenue	$	998,763	$	1,058,816	$	1,039,169

Schedule of Long-Lived Asset By Geographic Region

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

	As of December 31,
	2019		2018
	(In thousands)
United States	$	23,137	$	4,993
Canada		3,954		4,359
EMEA		3,782		95
China		5,040		7,652
APAC (excluding China) ⁽¹⁾		10,687		3,078
Total	$	46,600	$	20,177

⁽¹⁾	^{No individual country, other than disclosed above, represented more than 10% of the Company’s total long-lived assets in the periods presented.}