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SEGMENT REPORTING AND GEOGRAPHIC INFORMATION
 9 Months Ended
Jan. 01, 2022
Segments, Geographical Areas [Abstract]  
SEGMENT REPORTING AND GEOGRAPHIC INFORMATION SEGMENT REPORTING AND GEOGRAPHIC INFORMATION
The Company's Chief Executive Officer is identified as its Chief Operating Decision Maker ("CODM.") The CODM has organized the Company, manages resource allocations, and measures performance among its two operating segments: Products and Services.

The Products reportable segment includes the Headsets, Voice and Video product lines. The Services reportable segment includes maintenance support on hardware devices as well as professional, managed and cloud services and solutions.

In managing the two operating segments the CODM uses information about their revenue and gross margin after adjustments to exclude certain non-cash transactions and activities that are not reflective of the Company's ongoing or core operations as further described below. The CODM does not review asset information by segment.

Purchase accounting amortization: Represents the amortization of purchased intangible assets recorded in connection with the acquisition of Polycom.

Deferred revenue purchase accounting: Represents the impact of fair value purchase accounting adjustments related to deferred revenue recorded in connection with the Acquisition of Polycom. The Company's deferred revenue primarily relates to service revenue associated with non-cancelable maintenance support on hardware devices which are typically billed in advance and recognized ratably over the contract term as those services are delivered. This adjustment represents
the amount of additional revenue that would have been recognized during the period absent the write-down to fair value required under purchase accounting guidelines.

Stock compensation expense: Represents the non-cash expense associated with the Company's grant of stock-based awards to employees and non-employee directors.

The following table presents segment results for revenue and gross margin, as reviewed by the CODM, and the related reconciliation to the Company's condensed consolidated GAAP results:
Three Months EndedNine Months Ended
(in thousands)January 1, 2022December 26, 2020January 1, 2022December 26, 2020
Segment revenues, as reviewed by CODM
Products$354,149 $420,976 $1,087,058 $1,060,733 
Services56,324 66,998 175,925 203,250 
Total segment revenues, as reviewed by CODM$410,473 $487,974 $1,262,983 $1,263,983 
Segment gross profit, as reviewed by CODM
Products$144,630 $201,392 $456,937 $492,262 
Services37,939 45,812 117,591 138,329 
Total segment gross profit, as reviewed by CODM$182,569 $247,204 $574,528 $630,591 

Three Months EndedNine Months Ended
(in thousands)January 1, 2022December 26, 2020January 1, 2022December 26, 2020
Total segment revenues, as reviewed by CODM$410,473 $487,974 $1,262,983 $1,263,983 
Deferred revenue purchase accounting(907)(3,289)(3,221)(12,608)
GAAP net revenues$409,566 $484,685 $1,259,762 $1,251,375 
Total segment gross profit, as reviewed by CODM (1)
$182,569 $247,204 $574,528 $630,591 
Purchase accounting amortization(16,238)(16,459)(48,714)(51,873)
Deferred revenue purchase accounting(907)(3,289)(3,221)(12,608)
Stock-based compensation(1,238)(799)(3,525)(2,374)
GAAP gross profit$164,186 $226,657 $519,068 $563,736 
(1) Includes depreciation expense of $3.4 million and $3.7 million for the three months ended January 1, 2022 and December 26, 2020, respectively. Includes depreciation expense of $11 million and $10.7 million for the nine months ended January 1, 2022 and December 26, 2020, respectively.