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Revenues
3 Months Ended
Mar. 30, 2019
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

 

 

 

March 30,
2019

 

March 31,
2018

 

Internet of Things

 

$

106,421

 

$

103,091

 

Infrastructure

 

45,823

 

49,420

 

Broadcast

 

26,265

 

36,065

 

Access

 

9,604

 

16,808

 

Revenues

 

$

188,113

 

$

205,384

 

 

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 $11.0 million and $12.7 million during the three months ended March 30, 2019 and March 31, 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

 

 

 

March 30,
2019

 

March 31,
2018

 

Distributors

 

$

134,129

 

$

150,271

 

Direct customers

 

53,984

 

55,113

 

Revenues

 

$

188,113

 

$

205,384