Revenues

3 Months Ended

Apr. 03, 2021

Revenues

Revenues

8. 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
	April 3,		April 4,
	2021		2020
Internet of Things	$	158,245	$	118,041
Infrastructure and automotive		97,260		96,836
	$	255,505	$	214,877

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 April 3, 2021 and April 4, 2020, the Company recognized revenue of $12.0 million and $11.1 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
	April 3,		April 4,
	2021		2020
Distributors	$	202,266	$	163,463
Direct customers		53,239		51,414
	$	255,505	$	214,877