Revenues (Tables)

6 Months Ended

Jul. 04, 2021

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables present our revenues disaggregated by major product category.

	Broadband & 5G		Cyber-security		Industrial Automation		Smart Buildings		Total  Revenues
Three Months Ended July 4, 2021	(In thousands)
Enterprise Solutions	$	124,760	$	—	$	—	$	142,768	$	267,528
Industrial Solutions	—		26,120		308,326		—		334,446
Total	$	124,760	$	26,120	$	308,326	$	142,768	$	601,974
Three Months Ended June 28, 2020
Enterprise Solutions	$	110,612	$	—	$	—	$	92,762	$	203,374
Industrial Solutions	—		25,726		195,711		—		221,437
Total	$	110,612	$	25,726	$	195,711	$	92,762	$	424,811
Six Months Ended July 4, 2021
Enterprise Solutions	$	229,851	$	—	$	—	$	264,032	$	493,883
Industrial Solutions	—		53,825		590,647		—		644,472
Total	$	229,851	$	53,825	$	590,647	$	264,032	$	1,138,355
Six Months Ended June 28, 2020
Enterprise Solutions	$	206,715	$	—	$	—	$	208,872	$	415,587
Industrial Solutions	—		51,445		421,305		—		472,750
Total	$	206,715	$	51,445	$	421,305	$	208,872	$	888,337

The following tables present our revenues disaggregated by geography, based on the location of the customer purchasing the product.

	Americas		EMEA		APAC		Total Revenues
Three Months Ended July 4, 2021	(In thousands)
Enterprise Solutions	$	192,138	$	40,468	$	34,922	$	267,528
Industrial Solutions	196,567		86,762		51,117		334,446
Total	$	388,705	$	127,230	$	86,039	$	601,974
Three Months Ended June 28, 2020
Enterprise Solutions	$	154,844	$	26,150	$	22,380	$	203,374
Industrial Solutions	124,640		57,260		39,537		221,437
Total	$	279,484	$	83,410	$	61,917	$	424,811
Six Months Ended July 4, 2021
Enterprise Solutions	$	354,814	$	78,404	$	60,665	$	493,883
Industrial Solutions	381,715		168,042		94,715		644,472
Total	$	736,529	$	246,446	$	155,380	$	1,138,355
Six Months Ended June 28, 2020
Enterprise Solutions	$	310,273	$	62,012	$	43,302	$	415,587
Industrial Solutions	281,040		123,226		68,484		472,750
Total	$	591,313	$	185,238	$	111,786	$	888,337

Contract with Customer, Asset and Liability

The following table presents estimated and accrued variable consideration:

	July 4, 2021		December 31, 2020
	(in thousands)
Accrued rebates	$	35,831	$	32,192
Accrued returns	12,003		13,016
Price adjustments recognized against gross accounts receivable	27,718		25,244

The following table presents deferred revenue activity during the three and six months ended July 4, 2021 and June 28, 2020:

	2021		2020
	(In thousands)
Beginning balance at January 1	$	77,648	$	70,070
New deferrals	24,505		23,830
Acquisition of OTN	5,997		—
Revenue recognized	(24,387)		(24,415)
Balance at the end of Q1	$	83,763	$	69,485
New deferrals	20,596		21,322
Adjustments related to acquisitions	(2,740)		—
Revenue recognized	(19,542)		(22,200)
Balance at the end of Q2	$	82,077	$	68,607

Sales Commissions

The following table presents sales commissions that are recorded within selling, general and administrative expenses:

	Three Months ended				Six Months ended
	July 4, 2021		June 28, 2020		July 4, 2021		June 28, 2020
	(In thousands)
Sales commissions	$	4,715	$	3,856	$	8,592	$	8,030