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Segment Information and Enterprise Reporting
6 Months Ended
Jul. 03, 2021
Segment Reporting [Abstract]  
Segment Information and Enterprise Reporting
22. Segment Information and Enterprise Reporting
The Company operates in one segment based upon the Company’s organizational structure and the way in which the Company’s chief operating decision maker, the CEO, reviews financial information, including gross profit, operating expenses, operating income and net income presented on a consolidated basis, accompanied by disaggregated information about revenues by geographic region, for purposes of making operating decisions and assessing financial performance. In addition, the Company’s assets are primarily located in the U.S. The Company does not produce reports for, or measure the performance of, its geographic regions on any asset-based metrics. Therefore, geographic information is presented only for revenues and long-lived assets.
The following schedule presents an analysis of the Company’s product revenues based upon the geographic area to which the product was shipped (in thousands, except percentages):
Three Months EndedSix Months Ended
July 3,
2021
June 27,
2020
July 3,
2021
June 27,
2020
Geographic area by destination:
United States (U.S.)$201,874 66.2 %$194,721 64.7 %$406,137 67.2 %$384,240 67.3 %
Europe, Middle East and Africa61,207 20.1 68,167 22.7 120,830 20.0 122,524 21.5 
Asia and Australia32,423 10.6 26,259 8.7 59,256 9.8 45,572 8.0 
North and South America (excluding the U.S.)9,614 3.1 11,806 3.9 17,938 3.0 18,242 3.2 
     Product revenue$305,118 100.0 %$300,953 100.0 %$604,161 100.0 %$570,578 100.0 %
The Company’s consolidated long-lived assets (tangible non-current assets) by geographic area are (in thousands, except percentages):
July 3,
2021
January 2,
2021
Long-lived assets by geographic area:
United States$238,638 86.4 %$238,094 86.9 %
International37,523 13.6 35,755 13.1 
     Total long-lived assets$276,161 100.0 %$273,849 100.0 %