Revenues (Tables)

9 Months Ended

Oct. 02, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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

	Broadband  & 5G		Industrial Automation		Smart Buildings		Total  Revenues
Three Months Ended October 2, 2022	(In thousands)
Enterprise Solutions	$	155,865	$	—	$	163,336	$	319,201
Industrial Automation Solutions	—		351,290		—		351,290
Total	$	155,865	$	351,290	$	163,336	$	670,491
Three Months Ended October 3, 2021
Enterprise Solutions	$	124,330	$	—	$	161,901	$	286,231
Industrial Automation Solutions	—		318,530		—		318,530
Total	$	124,330	$	318,530	$	161,901	$	604,761
Nine Months Ended October 2, 2022
Enterprise Solutions	$	424,441	$	—	$	470,634	$	895,075
Industrial Automation Solutions	—		1,052,338		—		1,052,338
Total	$	424,441	$	1,052,338	$	470,634	$	1,947,413
Nine Months Ended October 3, 2021
Enterprise Solutions	$	354,181	$	—	$	425,933	$	780,114
Industrial Automation Solutions	—		909,187		—		909,187
Total	$	354,181	$	909,187	$	425,933	$	1,689,301

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 October 2, 2022	(In thousands)
Enterprise Solutions	$	247,322	$	35,045	$	36,834	$	319,201
Industrial Automation Solutions	202,632		87,828		60,830		351,290
Total	$	449,954	$	122,873	$	97,664	$	670,491
Three Months Ended October 3, 2021
Enterprise Solutions	$	216,566	$	34,963	$	34,702	$	286,231
Industrial Automation Solutions	184,033		84,868		49,629		318,530
Total	$	400,599	$	119,831	$	84,331	$	604,761
Nine Months Ended October 2, 2022
Enterprise Solutions	$	685,209	$	110,931	$	98,935	$	895,075
Industrial Automation Solutions	620,987		270,044		161,307		1,052,338
Total	$	1,306,196	$	380,975	$	260,242	$	1,947,413
Nine Months Ended October 3, 2021
Enterprise Solutions	$	571,379	$	113,367	$	95,368	$	780,114
Industrial Automation Solutions	526,520		243,054		139,613		909,187
Total	$	1,097,899	$	356,421	$	234,981	$	1,689,301

Contract with Customer, Asset and Liability

The following table presents estimated and accrued variable consideration:

	October 2, 2022		December 31, 2021
	(in thousands)
Accrued rebates included in accrued liabilities	$	46,871	$	55,520
Accrued returns included in accrued liabilities	10,575		12,500
Price adjustments recognized against gross accounts receivable	22,252		23,035

The following table presents deferred revenue activity during the three and nine months ended October 2, 2022 and October 3, 2021, respectively:

	2022		2021
	(In thousands)
Beginning balance at January 1	$	19,390	$	11,130
New deferrals	8,857		3,751
Acquisitions	6,567		5,997
Revenue recognized	(3,365)		(1,272)
Balance at the end of Q1	31,449		19,606
New deferrals	4,265		4,127
Acquisitions	—		(2,740)
Revenue recognized	(8,880)		(83)
Balance at the end of Q2	26,834		20,910
New deferrals	7,137		1,665
Revenue recognized	(4,960)		(3,070)
Balance at the end of Q3	$	29,011	$	19,505

Sales Commissions

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

	Three Months Ended				Nine Months ended
	October 2, 2022		October 3, 2021		October 2, 2022		October 3, 2021
	(In thousands)
Sales commissions	$	6,372	$	5,492	$	17,721	$	13,928