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Revenues
6 Months Ended
Jun. 30, 2018
Revenues  
Revenues

 

10. Revenues

 

The Company groups its revenues into four categories, based on the markets and applications in which its products may be used. The following disaggregates the Company’s revenue by product category (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 
2018

 

July 1, 
2017(1)

 

June 30, 
2018

 

July 1, 
2017(1)

 

Internet of Things

 

$

116,023

 

$

97,727

 

$

219,114

 

$

185,575

 

Infrastructure

 

51,520

 

38,221

 

100,940

 

74,202

 

Broadcast

 

34,172

 

36,655

 

70,237

 

73,982

 

Access

 

15,391

 

17,495

 

32,199

 

35,367

 

Revenues

 

$

217,106

 

$

190,098

 

$

422,490

 

$

369,126

 

 

(1)     Under the modified retrospective method, prior period amounts have not been adjusted.

 

A portion of the Company’s sales are made to distributors under agreements allowing certain rights of return and/or price protection related to the final selling price to the end customers. These factors impact the timing and uncertainty of revenues and cash flows. The Company recognized revenue of $15.4 million and $22.7 million during the three and six months ended June 30, 2018, respectively, from performance obligations that were satisfied in previous reporting periods. The following disaggregates the Company’s revenue by sales channel (in thousands):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 
2018

 

July 1, 
2017(1)

 

June 30, 
2018

 

July 1, 
2017(1)

 

Distributors

 

$

154,032

 

$

135,795

 

$

304,303

 

$

261,539

 

Direct customers

 

63,074

 

54,303

 

118,187

 

107,587

 

 

 

$

217,106

 

$

190,098

 

$

422,490

 

$

369,126

 

 

(1)     Under the modified retrospective method, prior period amounts have not been adjusted.