XML 56 R39.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Revenues (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents our revenues disaggregated by major product category (in thousands).
|  | Broadband Solutions |  | Industrial Automation |  | Smart Buildings |  | Total Revenues
Year Ended December 31, 2023 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 555,030 |  |  | $ | — |  |  | $ | 567,801 |  |  | $ | 1,122,831 |
Industrial Automation Solutions |  | — |  |  | 1,389,253 |  |  | — |  |  | 1,389,253 |
Total |  | $ | 555,030 |  |  | $ | 1,389,253 |  |  | $ | 567,801 |  |  | $ | 2,512,084 |
Year Ended December 31, 2022 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 571,426 |  |  | $ | — |  |  | $ | 627,052 |  |  | $ | 1,198,478 |
Industrial Automation Solutions |  | — |  |  | 1,408,007 |  |  | — |  |  | 1,408,007 |
Total |  | $ | 571,426 |  |  | $ | 1,408,007 |  |  | $ | 627,052 |  |  | $ | 2,606,485 |
Year Ended December 31, 2021 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 488,453 |  |  | $ | — |  |  | $ | 585,973 |  |  | $ | 1,074,426 |
Industrial Automation Solutions |  | — |  |  | 1,226,834 |  |  | — |  |  | 1,226,834 |
Total |  | $ | 488,453 |  |  | $ | 1,226,834 |  |  | $ | 585,973 |  |  | $ | 2,301,260 |
The following tables present our revenues disaggregated by geography, based on the location of the customer purchasing the product (in thousands).
|  | Americas |  | EMEA |  | APAC |  | Total Revenues
Year Ended December 31, 2023 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 824,991 |  |  | $ | 180,880 |  |  | $ | 116,960 |  |  | $ | 1,122,831 |
Industrial Automation Solutions |  | 787,739 |  |  | 385,454 |  |  | 216,060 |  |  | 1,389,253 |
Total |  | $ | 1,612,730 |  |  | $ | 566,334 |  |  | $ | 333,020 |  |  | $ | 2,512,084 |
Year Ended December 31, 2022 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 915,491 |  |  | $ | 149,327 |  |  | $ | 133,660 |  |  | $ | 1,198,478 |
Industrial Automation Solutions |  | 816,508 |  |  | 372,473 |  |  | 219,026 |  |  | 1,408,007 |
Total |  | $ | 1,731,999 |  |  | $ | 521,800 |  |  | $ | 352,686 |  |  | $ | 2,606,485 |
Year Ended December 31, 2021 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 785,253 |  |  | $ | 150,790 |  |  | $ | 138,383 |  |  | $ | 1,074,426 |
Industrial Automation Solutions |  | 703,790 |  |  | 323,915 |  |  | 199,129 |  |  | 1,226,834 |
Total |  | $ | 1,489,043 |  |  | $ | 474,705 |  |  | $ | 337,512 |  |  | $ | 2,301,260 |
Schedule of Contract with Customer, Asset and Liability | The following table presents estimated and accrued variable consideration:
|  | December 31, 2023 |  | December 31, 2022
|  | (In thousands)
Accrued rebates included in accrued liabilities |  | $ | 49,255 |  |  | $ | 55,559 |
Accrued returns included in accrued liabilities |  | 15,570 |  |  | 11,700 |
Price adjustment recognized against gross accounts receivable |  | 26,005 |  |  | 24,304 |
The following table presents deferred revenue activity (in thousands):
Balance at December 31, 2021 |  | $ | 19,390 |
New deferrals |  | 30,472 |
Acquisitions |  | 6,567 |
Revenue recognized |  | (23,186) |
Balance at December 31, 2022 |  | $ | 33,243 |
New deferrals |  | 35,157 |
Acquisitions |  | 104 |
Revenue recognized |  | (37,442) |
Balance at December 31, 2023 |  | $ | 31,062 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration