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Revenues | 3 Months Ended
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Mar. 30, 2019
Revenues |
Revenues | 10. Revenues The Company groups its revenues into four categories, based on the markets and applications in which its products may be used. The following disaggregates the Company’s revenue by product category (in thousands):
|  | Three Months Ended |
|  | March 30, 2019 |  | March 31, 2018 |
Internet of Things |  | $ | 106,421 |  | $ | 103,091 |
Infrastructure |  | 45,823 |  | 49,420 |
Broadcast |  | 26,265 |  | 36,065 |
Access |  | 9,604 |  | 16,808 |
Revenues |  | $ | 188,113 |  | $ | 205,384 |
A portion of the Company’s sales are made to distributors under agreements allowing certain rights of return and/or price protection related to the final selling price to the end customers. These factors impact the timing and uncertainty of revenues and cash flows. The Company recognized revenue of $11.0 million and $12.7 million during the three months ended March 30, 2019 and March 31, 2018, respectively, from performance obligations that were satisfied in previous reporting periods. The following disaggregates the Company’s revenue by sales channel (in thousands):
|  | Three Months Ended |
|  | March 30, 2019 |  | March 31, 2018 |
Distributors |  | $ | 134,129 |  | $ | 150,271 |
Direct customers |  | 53,984 |  | 55,113 |
Revenues |  | $ | 188,113 |  | $ | 205,384 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
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