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Revenue (Tables)
6 Months Ended
Jun. 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

 

 

 

June 30, 2023

 

 

June 30, 2022

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Optical Networking Solutions

 

$

120,221

 

 

$

22,775

 

 

$

142,996

 

 

$

 

 

$

 

 

$

 

Access & Aggregation Solutions

 

 

89,263

 

 

 

13,454

 

 

 

102,717

 

 

 

80,821

 

 

 

11,467

 

 

 

92,288

 

Subscriber Solutions

 

 

73,518

 

 

 

8,147

 

 

 

81,665

 

 

 

75,171

 

 

 

4,579

 

 

 

79,750

 

Total

 

$

283,002

 

 

$

44,376

 

 

$

327,378

 

 

$

155,992

 

 

$

16,046

 

 

$

172,038

 

 

 

 

Six Months Ended

 

 

 

June 30, 2023

 

 

June 30, 2022

 

(In thousands)

 

Network Solutions

 

 

Services & Support

 

 

Total

 

 

Network Solutions

 

 

Services & Support

 

 

Total

 

Optical Networking Solutions

 

$

247,798

 

 

$

42,954

 

 

$

290,752

 

 

$

 

 

$

 

 

$

 

Access & Aggregation Solutions

 

 

173,817

 

 

 

25,720

 

 

 

199,537

 

 

 

166,805

 

 

 

23,279

 

 

 

190,084

 

Subscriber Solutions

 

 

143,805

 

 

 

17,196

 

 

 

161,001

 

 

 

127,561

 

 

 

8,911

 

 

 

136,472

 

Total

 

$

565,420

 

 

$

85,870

 

 

$

651,290

 

 

$

294,366

 

 

$

32,190

 

 

$

326,556

 

 

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

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Optical Networking Solutions

 

$

142,996

 

 

$

 

 

$

290,752

 

 

$

 

Access & Aggregation Solutions

 

 

102,717

 

 

 

92,288

 

 

 

199,537

 

 

 

190,084

 

Subscriber Solutions

 

 

81,665

 

 

 

79,750

 

 

 

161,001

 

 

 

136,472

 

Total

 

$

327,378

 

 

$

172,038

 

 

$

651,290

 

 

$

326,556

 

 

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)

 

June 30, 2023

 

 

December 31, 2022

 

Accounts receivable, net

 

$

239,565

 

 

$

279,435

 

Contract assets(1)

 

$

1,153

 

 

$

1,852

 

Unearned revenue

 

$

48,030

 

 

$

41,193

 

Non-current unearned revenue

 

$

24,111

 

 

$

19,239