Revenues (Tables)

6 Months Ended

Jul. 02, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

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

	Broadband  Solutions		Industrial Automation		Smart Buildings		Total  Revenues
Three Months Ended July 2, 2023	(In thousands)
Enterprise Solutions	$	159,332	$	—	$	153,197	$	312,529
Industrial Automation Solutions	—		379,716		—		379,716
Total	$	159,332	$	379,716	$	153,197	$	692,245
Three Months Ended July 3, 2022
Enterprise Solutions	$	146,771	$	—	$	160,673	$	307,444
Industrial Automation Solutions	—		359,107		—		359,107
Total	$	146,771	$	359,107	$	160,673	$	666,551
Six Months Ended July 2, 2023
Enterprise Solutions	$	290,887	$	—	$	296,985	$	587,872
Industrial Automation Solutions	—		746,162		—		746,162
Total	$	290,887	$	746,162	$	296,985	$	1,334,034
Six Months Ended July 3, 2022
Enterprise Solutions	$	268,576	$	—	$	307,298	$	575,874
Industrial Automation Solutions	—		701,048		—		701,048
Total	$	268,576	$	701,048	$	307,298	$	1,276,922

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 2, 2023	(In thousands)
Enterprise Solutions	$	246,471	$	36,671	$	29,387	$	312,529
Industrial Automation Solutions	213,852		109,055		56,809		379,716
Total	$	460,323	$	145,726	$	86,196	$	692,245
Three Months Ended July 3, 2022
Enterprise Solutions	$	233,501	$	36,497	$	37,446	$	307,444
Industrial Automation Solutions	214,045		91,765		53,297		359,107
Total	$	447,546	$	128,262	$	90,743	$	666,551
Six Months Ended July 2, 2023
Enterprise Solutions	$	460,358	$	74,119	$	53,395	$	587,872
Industrial Automation Solutions	429,065		210,976		106,121		746,162
Total	$	889,423	$	285,095	$	159,516	$	1,334,034
Six Months Ended July 3, 2022
Enterprise Solutions	$	437,887	$	75,886	$	62,101	$	575,874
Industrial Automation Solutions	418,355		182,216		100,477		701,048
Total	$	856,242	$	258,102	$	162,578	$	1,276,922

Schedule of Contract with Customer, Asset and Liability

The following table presents estimated and accrued variable consideration:

	July 2, 2023		December 31, 2022
	(in thousands)
Accrued rebates included in accrued liabilities	$	42,868	$	55,559
Accrued returns included in accrued liabilities	16,575		11,700
Price adjustments recognized against gross accounts receivable	25,457		24,304

The following table presents deferred revenue activity during the three and six months ended July 2, 2023 and July 3, 2022, respectively:

	2023		2022
	(In thousands)
Beginning balance at January 1	$	33,243	$	19,390
New deferrals	4,359		8,857
Acquisitions	—		6,567
Revenue recognized	(8,307)		(3,365)
Balance at the end of Q1	$	29,295	$	31,449
New deferrals	6,900		4,265
Revenue recognized	(6,528)		(8,880)
Balance at the end of Q2	$	29,667	$	26,834

Schedule of Sales Commissions

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

	Three Months Ended				Six Months ended
	July 2, 2023		July 3, 2022		July 2, 2023		July 3, 2022
	(In thousands)
Sales commissions	$	6,316	$	6,131	$	12,089	$	11,354