XML 34 R23.htm IDEA: XBRL DOCUMENT v3.26.1
Revenues (Tables)
3 Months Ended
Mar. 29, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Major Product Category The following tables present our revenues disaggregated by market.
Three Months Ended
March 29, 2026March 30, 2025
(In thousands)
Broadband$155,282 $146,647 
Automation387,009 350,811 
Smart Buildings 154,084 127,403 
    Total Revenues$696,375 $624,861 
The following tables present our revenues disaggregated by geography, based on the location of the customer purchasing the product.
Three Months Ended
March 29, 2026March 30, 2025
(In thousands)
Americas$472,733 $428,231 
EMEA142,952 125,102 
APAC80,690 71,528 
    Total Revenues$696,375 $624,861 
Schedule of Contract With Customer, Asset and Liability The following table presents estimated and accrued variable consideration:
March 29, 2026December 31, 2025
(in thousands)
Accrued rebates included in accrued liabilities$67,943 $76,789 
Accrued returns included in accrued liabilities12,828 11,892 
Price adjustments recognized against gross accounts receivable31,908 33,258 
The following table presents deferred revenue activity during the three months ended March 29, 2026 and March 30, 2025, respectively:
20262025
(In thousands)
Beginning balance at January 1$49,728 $40,128 
New deferrals19,030 13,735 
Revenue recognized(27,267)(10,420)
Balance at the end of Q1$41,491 $43,443 
Schedule of Sales Commissions The following table presents sales commissions that are recorded within selling, general and administrative expenses:
Three Months Ended
March 29, 2026March 30, 2025
(In thousands)
Sales commissions$5,750 $5,986