Segment and Geographic Information (Tables)

9 Months Ended

Jun. 29, 2019

Segment Reporting [Abstract]

Revenue and Operating Income

The revenue and profit attributable to our operating segments are summarized below. We do not produce asset information by reportable segment; therefore, it is not reported.

	Three months ended									Nine months ended
	As Reported ASC 606			ASC 605			As Reported ASC 605			As Reported ASC 606			ASC 605			As Reported ASC 605
	June 29, 2019			June 29, 2019			June 30, 2018			June 29, 2019			June 29, 2019			June 30, 2018
	(in thousands)
Software Products
Revenue	$	253,405		$	281,939		$	273,619		$	796,169		$	858,228		$	801,262
Operating Costs (1)	94,829			94,341			96,465			280,370			278,572			293,546
Profit	158,576			187,598			177,154			515,799			579,656			507,716
Professional Services
Revenue	42,081			40,471			41,158			124,457			118,438			128,041
Operating Costs (2)	34,326			33,342			33,982			98,515			94,748			104,745
Profit	7,755			7,129			7,176			25,942			23,690			23,296
Total segment revenue	295,486			322,410			314,777			920,626			976,666			929,303
Total segment costs	129,155			127,683			130,447			378,885			373,320			398,291
Total segment profit	166,331			194,727			184,330			541,741			603,346			531,012
Unallocated operating expenses:
Sales and marketing expenses	102,332			107,663			102,891			291,028			305,144			290,739
General and administrative expenses	26,310			26,310			25,474			77,937			77,937			80,320
Restructuring and other charges, net	(9		)	(9		)	1,627			45,464			45,464			1,846
Intangibles amortization	12,793			12,793			14,648			38,218			38,218			43,595
Stock-based compensation	15,234			15,234			16,658			71,608			71,608			52,015
Other unallocated operating expenses (income) (3)	366			366			1,485			995			995			1,425
Total operating income	9,305			32,370			21,547			16,491			63,980			61,072
Interest expense	(10,816		)	(10,816		)	(10,646		)	(32,475		)	(32,475		)	(31,072		)
Other income (expense), net	1,026			736			(930		)	2,501			2,349			(2,013		)
Income before income taxes	$	(485	)	$	22,290		$	9,971		$	(13,483	)	$	33,854		$	27,987

    

(1) Operating costs for the Software Products segment include all costs of software revenue and research and development costs, excluding stock-based compensation and intangible amortization.

(2) Operating costs for the Professional Services segment include all cost of professional services revenue, excluding stock-based compensation, intangible amortization and fair value adjustments for deferred services costs.

(3) Other unallocated operating expenses include acquisition-related and other transactional costs, pension plan termination-related costs and fair value adjustments for deferred services costs.

We report revenue by the following two product groups:

	Three months ended						Nine months ended
	As Reported ASC 606		ASC 605		As Reported ASC 605		As Reported ASC 606		ASC 605		As Reported ASC 605
	June 29, 2019		June 29, 2019		June 30, 2018		June 29, 2019		June 29, 2019		June 30, 2018
	(in thousands)
Solutions	$	254,735	$	278,581	$	279,091	$	805,146	$	849,679	$	831,754
IoT	40,751		43,829		35,686		115,480		126,987		97,549
Total revenue	$	295,486	$	322,410	$	314,777	$	920,626	$	976,666	$	929,303

Our international revenue is presented based on the location of our customer. Revenue for the geographic regions in which we operate is presented below.

	Three months ended						Nine months ended
	As Reported ASC 606		ASC 605		As Reported ASC 605		As Reported ASC 606		ASC 605		As Reported ASC 605
	June 29, 2019		June 29, 2019		June 30, 2018		June 29, 2019		June 29, 2019		June 30, 2018
	(in thousands)
Revenue:
Americas	$	122,867	$	144,389	$	133,439	$	384,437	$	417,061	$	388,923
Europe	112,083		122,988		119,876		342,477		366,392		362,982
Asia-Pacific	60,536		55,033		61,462		193,712		193,213		177,398
Total revenue	$	295,486	$	322,410	$	314,777	$	920,626	$	976,666	$	929,303