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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 26, 2025
Segment Reporting [Abstract] |
Schedule of Financial Information by Reportable Segments | The following tables set forth our segment information of revenue, expense, and income (loss) from operations:
| Three Months Ended September 26, 2025
(in thousands) | Broadband |  | Video |  | Total
Revenue | $ | 90,492 |  | $ | 51,890 |  | $ | 142,382
Less: |  |  |  |  |  |  |  |
Cost of revenue |  | 47,727 |  |  | 17,266 |  |  | 64,993
Research and development |  | 15,195 |  |  | 12,599 |  |  | 27,794
Selling, general and administrative |  | 15,475 |  |  | 15,141 |  |  | 30,616
Segment operating income | $ | 12,095 |  | $ | 6,884 |  | $ | 18,979
| Three Months Ended September 27, 2024
(in thousands) | Broadband |  | Video |  | Total
Revenue | $ | 145,338 |  | $ | 50,418 |  | $ | 195,756
Less: |  |  |  |  |  |  |  |
Cost of revenue |  | 75,082 |  |  | 15,648 |  |  | 90,730
Research and development |  | 15,399 |  |  | 12,870 |  |  | 28,269
Selling, general and administrative |  | 16,665 |  |  | 15,574 |  |  | 32,239
Segment operating income | $ | 38,192 |  | $ | 6,326 |  | $ | 44,518
| Nine Months Ended September 26, 2025
(in thousands) | Broadband |  | Video |  | Total
Revenue | $ | 262,288 |  | $ | 151,256 |  | $ | 413,544
Less: |  |  |  |  |  |  |  |
Cost of revenue |  | 132,031 |  |  | 50,328 |  |  | 182,359
Research and development |  | 46,399 |  |  | 38,487 |  |  | 84,886
Selling, general and administrative |  | 49,157 |  |  | 45,639 |  |  | 94,796
Segment operating income | $ | 34,701 |  | $ | 16,802 |  | $ | 51,503
| Nine Months Ended September 27, 2024
(in thousands) | Broadband |  | Video |  | Total
Revenue | $ | 317,172 |  | $ | 139,384 |  | $ | 456,556
Less: |  |  |  |  |  |  |  |
Cost of revenue |  | 165,186 |  |  | 48,551 |  |  | 213,737
Research and development |  | 42,343 |  |  | 41,938 |  |  | 84,281
Selling, general and administrative |  | 49,076 |  |  | 51,489 |  |  | 100,565
Segment operating income (loss) | $ | 60,567 |  | $ | (2,594) |  | $ | 57,973
Schedule of Reconciliation of Operating Income from Segments to Consolidated | A reconciliation of the Company’s consolidated segment operating income to consolidated income before income taxes is as follows:
| Three Months Ended |  | Nine Months Ended
(in thousands) | September 26, 2025 |  | September 27, 2024 |  | September 26, 2025 |  | September 27, 2024
Total consolidated segment operating income | $ | 18,979 |  | $ | 44,518 |  | $ | 51,503 |  | $ | 57,973
Stock-based compensation (1) |  | (7,324) |  |  | (5,710) |  |  | (23,486) |  |  | (19,587)
Restructuring and related charges (1) |  | (1,087) |  |  | (281) |  |  | (1,737) |  |  | (15,260)
Lease-related asset impairment and other charges (1) |  | — |  |  | (1,279) |  |  | (1,637) |  |  | (10,279)
Asset impairment charges (1) |  | — |  |  | (1,824) |  |  | — |  |  | (1,824)
Non-recurring advisory fees (1) |  | (749) |  |  | — |  |  | (827) |  |  | (755)
Consolidated income from operations |  | 9,819 |  |  | 35,424 |  |  | 23,816 |  |  | 10,268
Non-operating expense, net |  | (1,071) |  |  | (6,618) |  |  | (3,611) |  |  | (8,435)
Income before income taxes | $ | 8,748 |  | $ | 28,806 |  | $ | 20,205 |  | $ | 1,833
(1) Together with stock-based compensation, the Company does not allocate restructuring and related charges, lease-related asset impairment and other non-recurring advisory fees to the operating income for each segment because management does not include this information in the measurement of the performance of the operating segments.
Schedule of Disaggregation of Revenue | The following table provides a summary of total revenues disaggregated by type:
| Three Months Ended |  | Nine Months Ended
(in thousands) | September 26, 2025 |  | September 27, 2024 |  | September 26, 2025 |  | September 27, 2024
Product sales | $ | 85,048 |  | $ | 150,285 |  | $ | 257,588 |  | $ | 311,642
Professional services |  | 12,726 |  |  | 3,400 |  |  | 25,794 |  |  | 17,822
Total Appliance and integration |  | 97,774 |  |  | 153,685 |  |  | 283,382 |  |  | 329,464
SaaS |  | 16,108 |  |  | 14,182 |  |  | 46,320 |  |  | 41,069
Support services |  | 28,500 |  |  | 27,889 |  |  | 83,842 |  |  | 86,023
Total SaaS and services |  | 44,608 |  |  | 42,071 |  |  | 130,162 |  |  | 127,092
Total revenue | $ | 142,382 |  | $ | 195,756 |  | $ | 413,544 |  | $ | 456,556
Schedule of Total Revenues by Geographic Region | The following table provides a summary of total revenues by geographic region:
| Three Months Ended |  | Nine Months Ended
(in thousands) | September 26, 2025 |  | September 27, 2024 |  | September 26, 2025 |  | September 27, 2024
United States (1) | $ | 98,655 |  | $ | 157,519 |  | $ | 279,986 |  | $ | 340,340
Other countries (1) |  | 43,727 |  |  | 38,237 |  |  | 133,558 |  |  | 116,216
Total revenue | $ | 142,382 |  | $ | 195,756 |  | $ | 413,544 |  | $ | 456,556
(1) Revenue is attributed to countries based on the location of the customer.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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