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Revenues (Tables) | 3 Months Ended
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Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following tables present our revenues disaggregated by major product category.
|  | Broadband Solutions |  | Industrial Automation Solutions |  | Smart Buildings Solutions |  | Total Revenues
Three Months Ended March 31, 2024 |  | (In thousands)
Enterprise Solutions |  | $ | 112,100 |  |  | $ | — |  |  | $ | 121,989 |  |  | $ | 234,089 |
Industrial Automation Solutions |  | — |  |  | 301,586 |  |  | — |  |  | 301,586 |
Total |  | $ | 112,100 |  |  | $ | 301,586 |  |  | $ | 121,989 |  |  | $ | 535,675 |
Three Months Ended April 2, 2023 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 131,555 |  |  | $ | — |  |  | $ | 143,788 |  |  | $ | 275,343 |
Industrial Automation Solutions |  | — |  |  | 366,446 |  |  | — |  |  | 366,446 |
Total |  | $ | 131,555 |  |  | $ | 366,446 |  |  | $ | 143,788 |  |  | $ | 641,789 |
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 March 31, 2024 |  | (In thousands)
Enterprise Solutions |  | $ | 166,329 |  |  | $ | 45,688 |  |  | $ | 22,072 |  |  | $ | 234,089 |
Industrial Automation Solutions |  | 182,890 |  |  | 77,856 |  |  | 40,840 |  |  | 301,586 |
Total |  | $ | 349,219 |  |  | $ | 123,544 |  |  | $ | 62,912 |  |  | $ | 535,675 |
Three Months Ended April 2, 2023 |  |  |  |  |  |  |  |
Enterprise Solutions |  | $ | 213,887 |  |  | $ | 37,448 |  |  | $ | 24,008 |  |  | $ | 275,343 |
Industrial Automation Solutions |  | 215,213 |  |  | 101,921 |  |  | 49,312 |  |  | 366,446 |
Total |  | $ | 429,100 |  |  | $ | 139,369 |  |  | $ | 73,320 |  |  | $ | 641,789 |
Schedule of Contract with Customer, Asset and Liability | The following table presents estimated and accrued variable consideration:
|  | March 31, 2024 |  | December 31, 2023
|  | (in thousands)
Accrued rebates included in accrued liabilities |  | $ | 36,022 |  |  | $ | 49,255 |
Accrued returns included in accrued liabilities |  | 14,718 |  |  | 15,570 |
Price adjustments recognized against gross accounts receivable |  | 22,884 |  |  | 26,005 |
The following table presents deferred revenue activity during the three months ended March 31, 2024 and April 2, 2023, respectively:
|  | 2024 |  | 2023
|  | (In thousands)
Beginning balance at January 1 |  | $ | 31,062 |  |  | $ | 33,243 |
New deferrals |  | 6,280 |  |  | 4,359 |
Revenue recognized |  | (7,392) |  |  | (8,307) |
Balance at the end of Q1 |  | $ | 29,950 |  |  | $ | 29,295 |
Schedule of Sales Commissions | The following table presents sales commissions that are recorded within selling, general and administrative expenses:
|  | Three Months Ended |  |
|  | March 31, 2024 |  | April 2, 2023 |  |  |  |
|  | (In thousands)
Sales commissions |  | $ | 5,323 |  |  | $ | 5,773 |  |  |  |  |

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- 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
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