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Revenues (Tables) | 9 Months Ended
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Oct. 03, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables present our revenues disaggregated by major product category.
|  | Broadband & 5G |  | Cyber-security |  | Industrial Automation |  | Smart Buildings |  | Total Revenues
Three Months Ended October 3, 2021 |  | (In thousands)
Enterprise Solutions |  | $ | 124,330 |  |  | $ | — |  |  | $ | — |  |  | $ | 161,901 |  |  | $ | 286,231 |
Industrial Solutions |  | — |  |  | 26,074 |  |  | 318,530 |  |  | — |  |  | 344,604 |
Total |  | $ | 124,330 |  |  | $ | 26,074 |  |  | $ | 318,530 |  |  | $ | 161,901 |  |  | $ | 630,835 |
Three Months Ended September 27, 2020 |  |  |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 115,149 |  |  | $ | — |  |  | $ | — |  |  | $ | 113,948 |  |  | $ | 229,097 |
Industrial Solutions |  | — |  |  | 27,384 |  |  | 219,358 |  |  | — |  |  | 246,742 |
Total |  | $ | 115,149 |  |  | $ | 27,384 |  |  | $ | 219,358 |  |  | $ | 113,948 |  |  | $ | 475,839 |
Nine Months Ended October 3, 2021 |  |  |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 354,181 |  |  | $ | — |  |  | $ | — |  |  | $ | 425,933 |  |  | $ | 780,114 |
Industrial Solutions |  | — |  |  | 79,899 |  |  | 909,177 |  |  | — |  |  | 989,076 |
Total |  | $ | 354,181 |  |  | $ | 79,899 |  |  | $ | 909,177 |  |  | $ | 425,933 |  |  | $ | 1,769,190 |
Nine Months Ended September 27, 2020 |  |  |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 318,765 |  |  | $ | — |  |  | $ | — |  |  | $ | 325,919 |  |  | $ | 644,684 |
Industrial Solutions |  | — |  |  | 78,829 |  |  | 640,663 |  |  | — |  |  | 719,492 |
Total |  | $ | 318,765 |  |  | $ | 78,829 |  |  | $ | 640,663 |  |  | $ | 325,919 |  |  | $ | 1,364,176 |
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 October 3, 2021 |  | (In thousands)
Enterprise Solutions |  | $ | 216,565 |  |  | $ | 34,963 |  |  | $ | 34,703 |  |  | $ | 286,231 |
Industrial Solutions |  | 203,138 |  |  | 90,082 |  |  | 51,384 |  |  | 344,604 |
Total |  | $ | 419,703 |  |  | $ | 125,045 |  |  | $ | 86,087 |  |  | $ | 630,835 |
Three Months Ended September 27, 2020 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 170,734 |  |  | $ | 30,185 |  |  | $ | 28,178 |  |  | $ | 229,097 |
Industrial Solutions |  | 148,421 |  |  | 59,180 |  |  | 39,141 |  |  | 246,742 |
Total |  | $ | 319,155 |  |  | $ | 89,365 |  |  | $ | 67,319 |  |  | $ | 475,839 |
Nine Months Ended October 3, 2021 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 571,379 |  |  | $ | 113,367 |  |  | $ | 95,368 |  |  | $ | 780,114 |
Industrial Solutions |  | 584,853 |  |  | 258,124 |  |  | 146,099 |  |  | 989,076 |
Total |  | $ | 1,156,232 |  |  | $ | 371,491 |  |  | $ | 241,467 |  |  | $ | 1,769,190 |
Nine Months Ended September 27, 2020 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 481,007 |  |  | $ | 92,197 |  |  | $ | 71,480 |  |  | $ | 644,684 |
Industrial Solutions |  | 429,461 |  |  | 182,406 |  |  | 107,625 |  |  | 719,492 |
Total |  | $ | 910,468 |  |  | $ | 274,603 |  |  | $ | 179,105 |  |  | $ | 1,364,176 |
Contract with Customer, Asset and Liability | The following table presents estimated and accrued variable consideration:
|  | October 3, 2021 |  | December 31, 2020
|  | (in thousands)
Accrued rebates included in accrued liabilities |  | $ | 43,627 |  |  | $ | 32,192 |
Accrued returns included in accrued liabilities |  | 11,749 |  |  | 13,016 |
Price adjustments recognized against gross accounts receivable |  | 28,372 |  |  | 25,244 |
The following table presents deferred revenue activity during the three and nine months ended October 3, 2021 and September 27, 2020:
|  | 2021 |  | 2020
|  | (In thousands)
Beginning balance at January 1 |  | $ | 77,648 |  |  | $ | 70,070 |
New deferrals |  | 24,505 |  |  | 23,830 |
Acquisition of OTN Systems |  | 5,997 |  |  | — |
Revenue recognized |  | (24,387) |  |  | (24,415) |
Balance at the end of Q1 |  | 83,763 |  |  | 69,485 |
New deferrals |  | 20,596 |  |  | 21,322 |
Adjustments related to acquisitions |  | (2,740) |  |  | — |
Revenue recognized |  | (19,542) |  |  | (22,200) |
Balance at the end of Q2 |  | 82,077 |  |  | 68,607 |
New deferrals |  | 20,472 |  | 22,243
Revenue recognized |  | (23,481) |  | (20,649)
Balance at the end of Q3 |  | $ | 79,068 |  | $ | 70,201
Sales Commissions | The following table presents sales commissions that are recorded within selling, general and administrative expenses:
|  | Three Months ended |  | Nine Months ended |  |
|  | October 3, 2021 |  | September 27, 2020 |  | October 3, 2021 |  | September 27, 2020 |  |  |  |
|  | (In thousands)
Sales commissions |  | $ | 5,529 |  |  | $ | 4,240 |  |  | $ | 14,121 |  | $ | 12,270 |  |  |  |

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