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Revenue (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregate of Revenue by Reportable Segment and Revenue Category

The following tables disaggregate revenue by reportable segment and revenue category. Prior year amounts presented below have been reclassified to conform to the current period revenue category presentation:

 

 

 

Three Months Ended

 

 

 

September 30, 2023

 

 

September 30, 2022

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Optical Networking Solutions

 

$

94,592

 

 

$

21,608

 

 

$

116,200

 

 

$

103,011

 

 

$

15,834

 

 

$

118,845

 

Access & Aggregation Solutions

 

 

81,051

 

 

 

13,595

 

 

 

94,646

 

 

 

76,591

 

 

 

11,598

 

 

 

88,189

 

Subscriber Solutions

 

 

52,921

 

 

 

8,564

 

 

 

61,485

 

 

 

125,338

 

 

 

8,337

 

 

 

133,675

 

Total

 

$

228,564

 

 

$

43,767

 

 

$

272,331

 

 

$

304,940

 

 

$

35,769

 

 

$

340,709

 

 

 

 

Nine Months Ended

 

 

 

September 30, 2023

 

 

September 30, 2022

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Optical Networking Solutions

 

$

342,390

 

 

$

64,562

 

 

$

406,952

 

 

$

103,011

 

 

$

15,834

 

 

$

118,845

 

Access & Aggregation Solutions

 

 

254,868

 

 

 

39,315

 

 

 

294,183

 

 

 

243,396

 

 

 

34,877

 

 

 

278,273

 

Subscriber Solutions

 

 

196,726

 

 

 

25,760

 

 

 

222,486

 

 

 

252,899

 

 

 

17,248

 

 

 

270,147

 

Total

 

$

793,984

 

 

$

129,637

 

 

$

923,621

 

 

$

599,306

 

 

$

67,959

 

 

$

667,265

 

 

The table below presents revenue information by category. Prior year amounts presented below have been reclassified to conform to the current period revenue category presentation:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Optical Networking Solutions

 

$

116,200

 

 

$

118,845

 

 

$

406,952

 

 

$

118,845

 

Access & Aggregation Solutions

 

 

94,646

 

 

 

88,189

 

 

 

294,183

 

 

 

278,273

 

Subscriber Solutions

 

 

61,485

 

 

 

133,675

 

 

 

222,486

 

 

 

270,147

 

Total

 

$

272,331

 

 

$

340,709

 

 

$

923,621

 

 

$

667,265

 

 

Information about Receivables, Contract Assets, and Unearned Revenue from Contracts with Customers

The following table provides information about receivables, contract assets and unearned revenue from contracts with customers:

 

 

 

As of

 

 

As of

 

(In thousands)

 

September 30, 2023

 

 

December 31, 2022

 

Accounts receivable, net

 

$

229,333

 

 

$

279,435

 

Contract assets(1)

 

$

888

 

 

$

1,852

 

Unearned revenue

 

$

49,832

 

 

$

41,193

 

Non-current unearned revenue

 

$

23,501

 

 

$

19,239