Revenue (Notes)

6 Months Ended

Apr. 03, 2020

Revenue from Contract with Customer [Text Block]

. REVENUE

Disaggregation of Revenue

We disaggregate revenue from contracts with customers by markets and geography, as we believe it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.

The following tables present our revenue disaggregated by markets and geography (in thousands):



	Three Months Ended				Six Months Ended
	April 3, 2020		March 29, 2019		April 3, 2020		March 29, 2019
Revenue by Market:
Telecommunications	$	51,648	$	47,337	$	97,249	$	97,496
Industrial & Defense	48,069		50,471		98,552		107,754
Data Center	26,707		30,657		49,720		73,904
Total	$	126,424	$	128,465	$	245,521	$	279,154



	Three Months Ended				Six Months Ended
	April 3, 2020		March 29, 2019		April 3, 2020		March 29, 2019
Revenue by Geographic Region:
United States	$	56,380	$	64,714	$	110,331	$	132,832
China	40,433		32,419		77,773		77,041
Asia Pacific, excluding China ⁽¹⁾	20,044		20,598		38,864		44,013
Other Countries ⁽²⁾	9,567		10,734		18,553		25,268
Total	$	126,424	$	128,465	$	245,521	$	279,154


(1)	Asia Pacific represents Taiwan, Japan, Singapore, India, Thailand, South Korea, Australia, Malaysia, New Zealand and the Philippines.


(2)	Outside the United States, no country or region represented greater than 10% of our total revenue as of the dates presented, other than China and the Asia Pacific region as presented above.

Contract Balances

We record contract assets or contract liabilities depending on the timing of revenue recognition, billings and cash collections on a contract-by-contract basis. Our contract liabilities primarily relate to deferred revenue, including advance consideration received from customers for contracts prior to the transfer of control to the customer, and therefore revenue is recognized upon delivery of products and services.

The following table presents the changes in contract liabilities during the six months ended April 3, 2020 (in thousands):



	April 3, 2020		September 27, 2019		$ Change			% Change
Contract liabilities	$	10,542	$	10,653	$	(111	)	(1	)%

As of April 3, 2020 and September 27, 2019, approximately $3.5 million and $8.5 million of our contract liabilities, respectively, were recorded as other long-term liabilities on our balance sheet with the remainder recorded as deferred revenue. The decrease in contract liabilities during the six months ended April 3, 2020, as shown in the table above, was primarily from the recognition of revenue deferred for funds received prior to when certain of our customers obtain control of the product or services.

During the three and six months ended April 3, 2020, we recognized net sales of $0.1 million and $0.2 million, respectively, that were included in the contract liabilities balance at the beginning of the period.