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Segment Information
 9 Months Ended
Sep. 25, 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
 
Nine months ended
 
September 25, 2020
 
September 27, 2019
 
September 25, 2020
 
September 27, 2019
Video
 
 
 
 
 
 
 
Revenue
$
54,641

 
$
60,055

 
$
156,466

 
$
198,856

Gross profit
29,825

 
34,646

 
83,756

 
114,692

Operating income (loss)
(1,699
)
 
(1,696
)
 
(12,203
)
 
4,731

Cable Access
 
 
 
 
 
 
 
Revenue
$
40,251

 
$
55,670

 
$
90,837

 
$
81,840

Gross profit
19,682

 
42,925

 
42,224

 
52,056

Operating income
5,876

 
31,611

 
1,733

 
18,523

Total
 
 
 
 
 
 
 
Revenue
$
94,892

 
$
115,725

 
$
247,303

 
$
280,696

Gross profit
49,507

 
77,571

 
125,980

 
166,748

Operating income (loss)
$
4,177

 
$
29,915

 
$
(10,470
)
 
$
23,254



A reconciliation of the Company’s consolidated segment operating income (loss) to consolidated income (loss) before income taxes is as follows (in thousands):
 
Three months ended
 
Nine months ended
 
September 25, 2020

September 27, 2019
 
September 25, 2020

September 27, 2019
Total segment operating income (loss)
$
4,177

 
$
29,915

 
$
(10,470
)
 
$
23,254

Unallocated corporate expenses
(1,116
)
 
(1,190
)
 
(1,803
)
 
(1,916
)
Stock-based compensation
(3,930
)
 
(4,096
)
 
(13,737
)
 
(8,719
)
Amortization of intangibles
(752
)
 
(2,080
)
 
(3,214
)
 
(6,242
)
Income (loss) from operations
(1,621
)
 
22,549

 
(29,224
)
 
6,377

Non-operating expense, net
(2,974
)
 
(10,289
)
 
(10,419
)
 
(16,890
)
Income (loss) before income taxes
$
(4,595
)
 
$
12,260

 
$
(39,643
)
 
$
(10,513
)


Unallocated Corporate Expenses
Together with amortization of intangibles and stock-based compensation, the Company does not allocate restructuring and related charges to the operating income (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
 
Nine months ended
 
September 25, 2020

September 27, 2019
 
September 25, 2020

September 27, 2019
Net Revenue (in thousands) (1)
 
 
 
 
 
 
 
United States
$
44,933

 
$
73,566

 
$
114,559

 
$
139,391

Other Countries
49,959

 
42,159

 
132,744

 
141,305

Total
$
94,892

 
$
115,725

 
$
247,303

 
$
280,696


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

Market Information
 
Three months ended
 
Nine months ended
 
September 25, 2020
 
September 27, 2019
 
September 25, 2020
 
September 27, 2019
Market (in thousands)
 
 
 
 
 
 
 
Service Provider
$
59,083

 
$
77,886

 
$
145,011

 
$
165,536

Broadcast and Media
35,809

 
37,839

 
102,292

 
115,160

Total
$
94,892

 
$
115,725

 
$
247,303

 
$
280,696