Revenues

9 Months Ended

Oct. 03, 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				Nine Months Ended
	October 3,		September 28,		October 3,		September 28,
	2020		2019		2020		2019
Internet of Things	$	133,191	$	129,403	$	366,287	$	360,488
Infrastructure and automotive		88,159		93,891		277,473		257,628
	$	221,350	$	223,294	$	643,760	$	618,116

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 October 3, 2020 and September 28, 2019 and the nine months ended October 3, 2020 and September 28, 2019, the Company recognized revenue of $18.4 million, $14.1 million, $16.1 million and $16.9 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				Nine Months Ended
	October 3,		September 28,		October 3,		September 28,
	2020		2019		2020		2019
Distributors	$	172,476	$	163,556	$	502,955	$	448,864
Direct customers		48,874		59,738		140,805		169,252
	$	221,350	$	223,294	$	643,760	$	618,116