Revenues

6 Months Ended

Jul. 04, 2020

Revenues

Revenues

10. Revenues

The Company groups its revenues into two 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
	July 4,		June 29,		July 4,		June 29,
	2020		2019		2020		2019
Internet of Things	$	115,055	$	124,664	$	233,096	$	231,085
Infrastructure and automotive		92,478		82,045		189,314		163,737
	$	207,533	$	206,709	$	422,410	$	394,822

The Company has combined its previous product groups, Infrastructure, Broadcast and Access, into the Infrastructure and automotive product group. Prior periods were retrospectively 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. During the three months ended July 4, 2020 and June 29, 2019 and the six months ended July 4, 2020 and June 29, 2019, the Company recognized revenue of $13.5 million, $13.5 million, $14.6 million and $15.4 million, 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
	July 4,		June 29,		July 4,		June 29,
	2020		2019		2020		2019
Distributors	$	167,016	$	151,180	$	330,479	$	285,309
Direct customers		40,517		55,529		91,931		109,513
	$	207,533	$	206,709	$	422,410	$	394,822