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Segment Information (Tables) | 6 Months Ended
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Jun. 28, 2020
Segment Reporting [Abstract] |
Schedule of Reportable Segments and Reconciliation of Segment Contribution Income to Income Before Income Taxes | Financial information for each reportable segment and a reconciliation of segment contribution income to income before income taxes is as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |
Net Revenue: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Connected Home |  | $ | 230,017 |  |  | $ | 167,495 |  |  | $ | 394,680 |  |  | $ | 336,860 |
SMB |  |  | 50,035 |  |  |  | 63,357 |  |  |  | 115,335 |  |  |  | 143,074 |
Total net revenue |  | $ | 280,052 |  |  | $ | 230,852 |  |  | $ | 510,015 |  |  | $ | 479,934 |
Contribution Income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Connected Home |  | $ | 36,187 |  |  | $ | 14,204 |  |  | $ | 49,774 |  |  | $ | 33,323 |
Contribution margin |  |  | 15.7 | % |  |  | 8.5 | % |  |  | 12.6 | % |  |  | 9.9 | %
SMB |  | $ | 4,285 |  |  | $ | 11,420 |  |  | $ | 17,852 |  |  | $ | 34,105 |
Contribution margin |  |  | 8.6 | % |  |  | 18.0 | % |  |  | 15.5 | % |  |  | 23.8 | %
Total segment contribution income |  | $ | 40,472 |  |  | $ | 25,624 |  |  | $ | 67,626 |  |  | $ | 67,428 |
Corporate and unallocated costs |  |  | (19,489 | ) |  |  | (15,576 | ) |  |  | (38,451 | ) |  |  | (34,708 | )
Amortization of intangibles (1) |  |  | (1,519 | ) |  |  | (1,682 | ) |  |  | (3,038 | ) |  |  | (3,692 | )
Stock-based compensation expense |  |  | (9,172 | ) |  |  | (6,739 | ) |  |  | (15,508 | ) |  |  | (13,197 | )
Separation expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (264 | )
Change in fair value of contingent consideration |  |  | (311 | ) |  |  | — |  |  |  | (89 | ) |  |  | — |
Restructuring and other charges |  |  | (1,117 | ) |  |  | (1,291 | ) |  |  | (982 | ) |  |  | (1,223 | )
Litigation reserves, net |  |  | 3 |  |  |  | (10 | ) |  |  | (22 | ) |  |  | (10 | )
Interest income |  |  | 49 |  |  |  | 782 |  |  |  | 311 |  |  |  | 1,483 |
Other income (expense), net |  |  | 314 |  |  |  | 487 |  |  |  | (4,272 | ) |  |  | 828 |
Income before income taxes |  | $ | 9,230 |  |  | $ | 1,595 |  |  | $ | 5,575 |  |  | $ | 16,645 |
(1) | Amount excludes amortization expense related to patents within purchased intangibles in cost of revenue.
Schedule of Net Revenue by Geography | The following table shows net revenue by geography for the periods indicated:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 28, 2020 |  |  | June 30, 2019 |
|  | (In thousands) |
United States (“U.S.”) |  | $ | 197,833 |  |  | $ | 152,785 |  |  | $ | 352,638 |  |  | $ | 298,576 |
Americas (excluding U.S.) |  |  | 4,413 |  |  |  | 4,385 |  |  |  | 7,798 |  |  |  | 6,623 |
EMEA |  |  | 48,359 |  |  |  | 43,091 |  |  |  | 90,507 |  |  |  | 100,054 |
APAC |  |  | 29,447 |  |  |  | 30,591 |  |  |  | 59,072 |  |  |  | 74,681 |
Total net revenue |  | $ | 280,052 |  |  | $ | 230,852 |  |  | $ | 510,015 |  |  | $ | 479,934 |
Schedule of Long-Lived Asset By Geographic Region | The Company’s long-lived assets, which consist of property and equipment, net and operating lease right-of-use assets, net are located in the following geographic locations:
|  | As of |
|  | June 28, 2020 |  |  | December 31, 2019 |
|  | (In thousands) |
United States (“U.S.”) |  | $ | 20,807 |  |  | $ | 23,137 |
Americas (excluding U.S.) |  |  | 3,703 |  |  |  | 4,036 |
EMEA |  |  | 3,932 |  |  |  | 3,782 |
Singapore |  |  | 5,999 |  |  |  | — |
China |  |  | 3,944 |  |  |  | 5,040 |
APAC (excluding Singapore and China) (1) |  |  | 8,925 |  |  |  | 10,605 |
Total |  | $ | 47,310 |  |  | $ | 46,600 |
(1) | No individual country, other than disclosed above, represented more than 10% of the Company’s total long-lived assets in the periods presented.

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