Segment Information (Tables)

3 Months Ended

Mar. 29, 2020

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

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

	Three Months Ended
	March 29, 2020			March 31, 2019

Net Revenue:
Connected Home	$	164,663		$	169,365
SMB		65,300			79,717
Total net revenue	$	229,963		$	249,082

Contribution Income:
Connected Home	$	13,587		$	19,119
Contribution margin		8.3	%		11.3	%
SMB	$	13,567		$	22,685
Contribution margin		20.8	%		28.5	%
Total segment contribution income	$	27,154		$	41,804
Corporate and unallocated costs		(18,962	)		(19,132	)
Amortization of intangibles ⁽¹⁾		(1,519	)		(2,010	)
Stock-based compensation expense		(6,336	)		(6,458	)
Separation expense		—			(264	)
Change in fair value of contingent consideration		222			—
Restructuring and other charges		135			68
Litigation reserves, net		(25	)		—
Interest income, net		262			701
Other income (expense), net		(4,586	)		341
Income (loss) before income taxes	$	(3,655	)	$	15,050

⁽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 periods indicated:

	Three Months Ended
	March 29, 2020		March 31, 2019
	(In thousands)
United States ("U.S.")	$	154,805	$	145,791
Americas (excluding U.S.)		3,385		2,238
EMEA		42,148		56,963
APAC		29,625		44,090
Total net revenue	$	229,963	$	249,082

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
	March 29, 2020		December 31, 2019
	(In thousands)
United States ("U.S.")	$	21,908	$	23,137
Americas (excluding U.S.)		3,522		4,036
EMEA		4,197		3,782
China		4,591		5,040
APAC (excluding China) ⁽¹⁾		9,731		10,605
Total	$	43,949	$	46,600

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