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Revenues (Tables)

3 Months Ended

Mar. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following tables present our revenues disaggregated by major product category.

						Broadband  Solutions						Automation Solutions						Smart Buildings Solutions						Total  Revenues
Three Months Ended March 30, 2025						(In thousands)
Smart Infrastructure Solutions						$	146,647					$	—					$	127,403					$	274,050
Automation Solutions						—						350,811						—						350,811
Total						$	146,647					$	350,811					$	127,403					$	624,861
Three Months Ended March 31, 2024
Smart Infrastructure Solutions						$	112,100					$	—					$	121,989					$	234,089
Automation Solutions						—						301,586						—						301,586
Total						$	112,100					$	301,586					$	121,989					$	535,675

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 30, 2025						(In thousands)
Smart Infrastructure Solutions						$	219,453					$	39,304					$	15,293					$	274,050
Automation Solutions						208,778						85,798						56,235						350,811
Total						$	428,231					$	125,102					$	71,528					$	624,861
Three Months Ended March 31, 2024
Smart Infrastructure Solutions						$	166,329					$	45,688					$	22,072					$	234,089
Automation Solutions						182,890						77,856						40,840						301,586
Total						$	349,219					$	123,544					$	62,912					$	535,675

Schedule of Contract with Customer, Asset and Liability

The following table presents estimated and accrued variable consideration:

						March 30, 2025						December 31, 2024
						(in thousands)
Accrued rebates included in accrued liabilities						$	38,073					$	51,063
Accrued returns included in accrued liabilities						15,238						15,950
Price adjustments recognized against gross accounts receivable						30,020						29,100

The following table presents deferred revenue activity during the three months ended March 30, 2025 and March 31, 2024, respectively:

						2025						2024
						(In thousands)
Beginning balance at January 1						$	40,128					$	31,062
New deferrals						13,735						6,280
Revenue recognized						(10,420)						(7,392)
Balance at the end of Q1						$	43,443					$	29,950

Schedule of Sales Commissions

The following table presents sales commissions that are recorded within selling, general and administrative expenses:

						Three Months Ended
						March 30, 2025						March 31, 2024
						(In thousands)
Sales commissions						$	5,986					$	5,323

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 340
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479483/340-40-50-3

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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

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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
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-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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