Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

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,
	2021			2020			2019
	(In thousands, except percentage data)
Net Revenue:
Connected Home	$	853,472		$	1,007,545		$	711,391
SMB		314,601			247,657			287,372
Total net revenue	$	1,168,073		$	1,255,202		$	998,763
Contribution Income:
Connected Home	$	116,889		$	152,512		$	67,775
Contribution margin		13.7	%		15.1	%		9.5	%
SMB	$	62,136		$	42,174		$	67,282
Contribution margin		19.8	%		17.0	%		23.4	%
Total segment contribution income	$	179,025		$	194,686		$	135,057
Corporate and unallocated costs		(83,883	)		(83,867	)		(70,525	)
Amortization of intangibles (1)		(1,897	)		(5,952	)		(6,731	)
Stock-based compensation expense		(25,995	)		(30,505	)		(29,137	)
Separation expense		—			—			(264	)
Change in fair value of contingent consideration		3,003			2,928			25
Restructuring and other charges		(3,341	)		(1,702	)		(2,077	)
Litigation reserves, net		(315	)		(44	)		(160	)
Other income (expenses), net (2)		(1,093	)		(4,741	)		3,383
Income before income taxes	$	65,504		$	70,803		$	29,571

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

⁽²⁾ Amounts included gain/loss on investments, net, of $(1.4) million, $(6.2) million and $(0.2) million for the years ended December 31, 2021, 2020 and 2019, respectively.

Schedule of Net Revenue by Geography

The following table shows net revenue by geography

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
United States (U.S.)	$	759,865	$	866,161	$	637,566
Americas (excluding U.S.)		26,461		31,810		15,440
EMEA		229,829		221,665		200,099
APAC		151,918		135,566		145,658
Total net revenue	$	1,168,073	$	1,255,202	$	998,763

Schedule of Long-Lived Asset By Geographic Region

The following table represents the Company’s long-lived assets located in geographic areas, which consist of property and equipment, net and operating lease right-of-use assets:

	As of
	December 31, 2021		December 31, 2020
	(In thousands)
United States (U.S.)	$	14,564	$	19,173
Americas (excluding U.S.)		3,283		2,845
EMEA		2,465		3,215
Singapore		4,767		5,964
APAC (excluding Singapore) (1)		11,432		14,294
Total	$	36,511	$	45,491

^{_______________________}

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