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SEGMENT INFORMATION
 6 Months Ended
Jun. 28, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Operating segments are defined as components of an enterprise that engage in business activities for which separate financial information is available and evaluated regularly by the Company’s Chief Operating Decision Maker (the “CODM”), which for the Company is its Chief Executive Officer, in deciding how to allocate resources and assess performance. Based on the internal reporting structure, the Company consists of two operating segments: Broadband and Video. The operating segments were determined based on the nature of the products offered. The Broadband segment provides broadband access solutions and related services to broadband operators globally. A measure of assets by segment is not applicable as segment assets are not included in the discrete financial information provided to the CODM. The Video segment provides video processing, production and playout solutions and services worldwide to broadcast and media companies, new streaming media companies, broadband operators, and satellite and telecommunications (“telco”) Pay-TV service providers.
The following table provides summary financial information by reportable segment:
Three Months EndedSix Months Ended
(in thousands)June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Broadband
Revenue$92,937 $97,096 $171,834 $197,447 
Operating income13,781 18,066 22,375 38,179 
Video
Revenue$45,803 $58,867 $88,966 $116,165 
Operating income (loss)(1,569)90 (8,920)(1,336)
Total
Revenue$138,740 $155,963 $260,800 $313,612 
Operating income12,212 18,156 13,455 36,843 
A reconciliation of the Company’s consolidated segment operating income to consolidated income before income taxes is as follows:
Three Months EndedSix Months Ended
(in thousands)June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Total consolidated segment operating income$12,212 $18,156 $13,455 $36,843 
Stock-based compensation (1)
(6,954)(6,059)(13,877)(13,483)
Restructuring and related charges (1)
(11,482)— (14,979)(83)
Lease-related asset impairment and other charges (1)
(9,000)— (9,000)— 
Unallocated corporate expenses (1)
(406)(2,135)(755)(2,135)
Consolidated income (loss) from operations(15,630)9,962 (25,156)21,142 
Non-operating expense, net(805)(936)(1,817)(1,935)
Income (loss) before income taxes$(16,435)$9,026 $(26,973)$19,207 
(1) Together with stock-based compensation, the Company does not allocate restructuring and related charges, lease-related asset impairment and other non-recurring expenses to the operating income (loss) for each segment because management does not include this information in the measurement of the performance of the operating segments.
Disaggregation of Revenues
The following table provides a summary of total revenues disaggregated by type:
Three Months EndedSix Months Ended
(in thousands)June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Product sales$87,441 $99,594 $161,357 $207,418 
Professional services6,743 11,533 14,422 18,503 
Total Appliance and integration94,184 111,127 175,779 225,921 
SaaS14,02313,584 26,887 25,167 
Support services30,533 31,252 58,134 62,524 
Total SaaS and services44,556 44,836 85,021 87,691 
Total revenue$138,740 $155,963 $260,800 $313,612 
The following table provides a summary of total revenues by geographic region:
Three Months EndedSix Months Ended
(in thousands)June 28, 2024June 30, 2023June 28, 2024June 30, 2023
United States (1)
$100,829 $101,908 $182,821 $207,649 
Other countries (1)
37,911 54,055 77,979 105,963 
Total revenue$138,740 $155,963 $260,800 $313,612 
(1)  Revenue is attributed to countries based on the location of the customer.
No single country, other than the United States, accounted for 10% or more of the Company’s net revenues for the three and six months ended June 28, 2024 and June 30, 2023, respectively.