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Segment Information (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Revenue and Gross Profit of Reportable Segments

The following tables present information about the revenue and gross profit of the Company's reportable segments:

 

 

Three Months Ended

 

 

 

September 30, 2023

 

 

September 30, 2022

 

(In thousands)

 

Revenue

 

 

Gross Profit

 

 

Revenue

 

 

Gross Profit

 

Network Solutions

 

$

228,564

 

 

$

47,277

 

 

$

304,940

 

 

$

82,334

 

Services & Support

 

 

43,767

 

 

 

26,960

 

 

 

35,769

 

 

 

20,693

 

Total

 

$

272,331

 

 

$

74,237

 

 

$

340,709

 

 

$

103,027

 

 

 

 

Nine Months Ended

 

 

 

September 30, 2023

 

 

September 30, 2022

 

(In thousands)

 

Revenue

 

 

Gross Profit

 

 

Revenue

 

 

Gross Profit

 

Network Solutions

 

$

793,984

 

 

$

176,607

 

 

$

599,306

 

 

$

186,126

 

Services & Support

 

 

129,637

 

 

 

77,991

 

 

 

67,959

 

 

 

33,723

 

Total

 

$

923,621

 

 

$

254,598

 

 

$

667,265

 

 

$

219,849

 

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

 

 

Revenue Information by Geographic Area

The following table presents revenue information by geographic area:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

United States

 

$

111,494

 

 

$

169,669

 

 

$

375,254

 

 

$

374,470

 

Germany

 

 

60,347

 

 

 

64,234

 

 

 

212,171

 

 

 

71,945

 

United Kingdom

 

 

41,242

 

 

 

46,569

 

 

 

150,710

 

 

 

123,477

 

Other international

 

 

59,248

 

 

 

60,237

 

 

 

185,486

 

 

 

97,373

 

Total

 

$

272,331

 

 

$

340,709

 

 

$

923,621

 

 

$

667,265