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Revenues (Tables)
6 Months Ended
Jun. 29, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following tables present our revenues disaggregated by major product category.
Broadband
 Solutions
Automation SolutionsSmart Buildings SolutionsTotal 
Revenues 
Three Months Ended June 29, 2025(In thousands)
Smart Infrastructure Solutions$155,385 $— $150,634 $306,019 
Automation Solutions— 365,973 — 365,973 
Total$155,385 $365,973 $150,634 $671,992 
Three Months Ended June 30, 2024 
Smart Infrastructure Solutions$136,020 $— $134,453 $270,473 
Automation Solutions— 333,863 — 333,863 
Total$136,020 $333,863 $134,453 $604,336 
Six Months Ended June 29, 2025
Smart Infrastructure Solutions$302,032 $— $278,037 $580,069 
Automation Solutions— 716,784 — 716,784 
Total$302,032 $716,784 $278,037 $1,296,853 
Six Months Ended June 30, 2024
Smart Infrastructure Solutions$248,120 $— $256,442 $504,562 
Automation Solutions— 635,449 — 635,449 
Total$248,120 $635,449 $256,442 $1,140,011 
The following tables present our revenues disaggregated by geography, based on the location of the customer purchasing the product.
AmericasEMEAAPACTotal Revenues
Three Months Ended June 29, 2025(In thousands)
Smart Infrastructure Solutions$238,775 $42,999 $24,245 $306,019 
Automation Solutions209,836 92,908 63,229 365,973 
Total$448,611 $135,907 $87,474 $671,992 
Three Months Ended June 30, 2024   
Smart Infrastructure Solutions$200,904 $42,379 $27,190 $270,473 
Automation Solutions198,884 83,017 51,962 333,863 
Total$399,788 $125,396 $79,152 $604,336 
Six Months Ended June 29, 2025
Smart Infrastructure Solutions$458,228 $82,303 $39,538 $580,069 
Automation Solutions418,614 178,706 119,464 716,784 
Total$876,842 $261,009 $159,002 $1,296,853 
Six Months Ended June 30, 2024
Smart Infrastructure Solutions$367,233 $88,067 $49,262 $504,562 
Automation Solutions381,774 160,873 92,802 635,449 
Total$749,007 $248,940 $142,064 $1,140,011 
Schedule of Contract with Customer, Asset and Liability The following table presents estimated and accrued variable consideration:
June 29, 2025December 31, 2024
(in thousands)
Accrued rebates included in accrued liabilities$50,891 $51,063 
Accrued returns included in accrued liabilities15,098 15,950 
Price adjustments recognized against gross accounts receivable31,040 29,100 
The following table presents deferred revenue activity during the three and six months ended June 29, 2025 and June 30, 2024, respectively:
20252024
(In thousands)
Beginning balance at January 1$40,128 $31,062 
New deferrals13,735 6,280 
Revenue recognized(10,420)(7,392)
Balance at the end of Q1$43,443 $29,950 
New deferrals16,225 11,058 
Revenue recognized(14,062)(11,395)
Balance at the end of Q2$45,606 $29,613 
Schedule of Sales Commissions
The following table presents sales commissions that are recorded within selling, general and administrative expenses:
Three Months EndedSix Months Ended
June 29, 2025June 30, 2024June 29, 2025June 30, 2024
(In thousands)
Sales commissions$7,367 $5,848 $13,353 $11,171