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Segment Information
6 Months Ended
Jun. 26, 2020
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Operating segments are defined as components of an enterprise that engage in business activities for which separate financial information is available and evaluated by the Company’s Chief Operating Decision Maker (the “CODM”), which for the Company is its Chief Executive Officer, in deciding how to allocate resources and assess performance. Based on the Company’s internal reporting structure, the Company consists of two operating segments: Video and Cable Access. The operating segments were determined based on the nature of the products offered. The Video segment provides video processing and production and playout solutions and services worldwide to broadcast and media companies, streaming new media companies, cable operators, and satellite and telecommunications Pay-TV service providers. The Cable Access segment provides cable access solutions and related services to cable operators globally.
The following table provides summary financial information by reportable segment (in thousands):

 
Three months ended
 
Six months ended
 
June 26, 2020
 
June 28, 2019
 
June 26, 2020
 
June 28, 2019
Video
 
 
 
 
 
 
 
Revenue
$
47,453

 
$
71,625

 
$
101,825

 
$
138,801

Gross profit
26,024

 
41,444

 
53,931

 
80,046

Operating income (loss)
(4,237
)
 
4,459

 
(10,504
)
 
6,427

Cable Access
 
 
 
 
 
 
 
Revenue
$
26,541

 
$
13,240

 
$
50,586

 
$
26,170

Gross profit
12,128

 
4,063

 
22,542

 
9,131

Operating loss
(878
)
 
(7,266
)
 
(4,143
)
 
(13,088
)
Total
 
 
 
 
 
 
 
Revenue
$
73,994

 
$
84,865

 
$
152,411

 
$
164,971

Gross profit
38,152

 
45,507

 
76,473

 
89,177

Operating loss
$
(5,115
)
 
$
(2,807
)
 
$
(14,647
)
 
$
(6,661
)


A reconciliation of the Company’s consolidated segment operating loss to consolidated loss before income taxes is as follows (in thousands):
 
Three months ended
 
Six months ended
 
June 26, 2020

June 28, 2019
 
June 26, 2020

June 28, 2019
Total segment operating loss
$
(5,115
)
 
$
(2,807
)
 
$
(14,647
)
 
$
(6,661
)
Unallocated corporate expenses
(84
)
 
(368
)
 
(687
)
 
(726
)
Stock-based compensation
(3,548
)
 
(2,510
)
 
(9,807
)
 
(4,623
)
Amortization of intangibles
(807
)
 
(2,079
)
 
(2,462
)
 
(4,162
)
Loss from operations
(9,554
)
 
(7,764
)
 
(27,603
)
 
(16,172
)
Non-operating expense, net
(4,269
)
 
(3,384
)
 
(7,445
)
 
(6,601
)
Loss before income taxes
$
(13,823
)
 
$
(11,148
)
 
$
(35,048
)
 
$
(22,773
)


Unallocated Corporate Expenses
Together with amortization of intangibles and stock-based compensation, the Company does not allocate restructuring and related charges to the operating loss for each segment because management does not include this information in the measurement of the performance of the operating segments. A measure of assets by segment is not applicable as segment assets are not included in the discrete financial information provided to the CODM.

Geographic Information
 
Three months ended
 
Six months ended
 
June 26, 2020

June 28, 2019
 
June 26, 2020

June 28, 2019
Net Revenue (in thousands) (1)
 
 
 
 
 
 
 
United States
$
35,223

 
$
35,710

 
$
69,626

 
$
65,825

Other Countries
38,771

 
49,155

 
82,785

 
99,146

Total
$
73,994

 
$
84,865

 
$
152,411

 
$
164,971


(1)  Revenue is attributed to countries based on the location of the customer.

Market Information
 
Three months ended
 
Six months ended
 
June 26, 2020
 
June 28, 2019
 
June 26, 2020
 
June 28, 2019
Market (in thousands)
 
 
 
 
 
 
 
Service Provider
$
42,169

 
$
43,438

 
$
85,928

 
$
87,650

Broadcast and Media
31,825

 
41,427

 
66,483

 
77,321

Total
$
73,994

 
$
84,865

 
$
152,411

 
$
164,971