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Revenue (Tables)
6 Months Ended
Jun. 28, 2020
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 June 28, 2020:

 

 

 

1 year

 

 

2 years

 

 

Greater than

2 years

 

 

Total

 

 

(In thousands)

 

Performance obligations

 

$

141,156

 

 

$

1,543

 

 

$

1,132

 

 

$

143,831

 

Schedule of Contract Balances

The following table reflects the contract balances as of June 28, 2020 and December 31, 2019, respectively:

 

 

 

Balance Sheet Location

 

June 28, 2020

 

 

December 31, 2019

 

 

 

 

 

(In thousands)

 

Accounts receivable, net

 

Accounts receivable, net

 

$

277,490

 

 

$

277,168

 

Contract liabilities - current

 

Deferred revenue

 

$

8,171

 

 

$

6,450

 

Contract liabilities - non-current

 

Other non-current liabilities

 

$

2,621

 

 

$

2,061

 

 

Schedule of Net Revenue Disaggregated by Geographical Region and Sales Channel

In the following table, 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 table also includes a reconciliation 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.

 

 

 

Three Months Ended

 

 

 

June 28, 2020

 

 

June 30, 2019

 

 

 

Connected

Home

 

 

SMB

 

 

Total

 

 

Connected

Home

 

 

SMB

 

 

Total

 

Geographic regions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

179,810

 

 

$

22,436

 

 

$

202,246

 

 

$

131,669

 

 

$

25,501

 

 

$

157,170

 

EMEA

 

 

31,203

 

 

 

17,156

 

 

 

48,359

 

 

 

17,526

 

 

 

25,565

 

 

 

43,091

 

APAC

 

 

19,004

 

 

 

10,443

 

 

 

29,447

 

 

 

18,300

 

 

 

12,291

 

 

 

30,591

 

Total

 

$

230,017

 

 

$

50,035

 

 

$

280,052

 

 

$

167,495

 

 

$

63,357

 

 

$

230,852

 

Sales channels:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service provider

 

$

44,152

 

 

$

871

 

 

$

45,023

 

 

$

26,901

 

 

$

922

 

 

$

27,823

 

Non-service provider

 

 

185,865

 

 

 

49,164

 

 

 

235,029

 

 

 

140,594

 

 

 

62,435

 

 

 

203,029

 

Total

 

$

230,017

 

 

$

50,035

 

 

$

280,052

 

 

$

167,495

 

 

$

63,357

 

 

$

230,852

 

 

 

 

Six Months Ended

 

 

 

June 28, 2020

 

 

June 30, 2019

 

 

 

Connected

Home

 

 

SMB

 

 

Total

 

 

Connected

Home

 

 

SMB

 

 

Total

 

Geographic regions:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

308,974

 

 

$

51,462

 

 

$

360,436

 

 

$

245,356

 

 

$

59,843

 

 

$

305,199

 

EMEA

 

 

49,174

 

 

 

41,333

 

 

 

90,507

 

 

 

43,216

 

 

 

56,838

 

 

 

100,054

 

APAC

 

 

36,532

 

 

 

22,540

 

 

 

59,072

 

 

 

48,288

 

 

 

26,393

 

 

 

74,681

 

Total

 

$

394,680

 

 

$

115,335

 

 

$

510,015

 

 

$

336,860

 

 

$

143,074

 

 

$

479,934

 

Sales channels:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Service provider

 

$

70,839

 

 

$

1,668

 

 

$

72,507

 

 

$

63,719

 

 

$

2,398

 

 

$

66,117

 

Non-service provider

 

 

323,841

 

 

 

113,667

 

 

 

437,508

 

 

 

273,141

 

 

 

140,676

 

 

 

413,817

 

Total

 

$

394,680

 

 

$

115,335

 

 

$

510,015

 

 

$

336,860

 

 

$

143,074

 

 

$

479,934