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Segment Information
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Segment Information

15. SEGMENT INFORMATION

The chief operating decision maker regularly reviews the Company’s financial performance based on two reportable segments: (1) Network Solutions and (2) Services & Support. Network Solutions includes hardware and software products and next-generation virtualized solutions used in service provider or business networks, as well as prior-generation products. Services & Support includes a portfolio of maintenance, network installation and solution integration services, which include hosted cloud services and subscription services.

The performance of these segments is evaluated based on gross profit; therefore, selling, general and administrative expenses, research and development expenses, interest and dividend income, interest expense, net investment gain (loss), other income (expense), net and income tax benefit (expense) are reported on a Company-wide basis only. There is no inter-segment revenue. Asset information by reportable segment is not produced and, therefore, is not reported.

The following table presents information about the revenue and gross profit of our reportable segments:

 

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

(In thousands)

 

Revenue

 

 

Gross Profit

 

 

Revenue

 

 

Gross Profit

 

Network Solutions

 

$

138,374

 

 

$

47,721

 

 

$

113,809

 

 

$

48,808

 

Services & Support

 

 

16,144

 

 

 

6,595

 

 

 

13,724

 

 

 

4,793

 

Total

 

$

154,518

 

 

$

54,316

 

 

$

127,533

 

 

$

53,601

 

 

Revenue by Category

In addition to our reportable segments, revenue is also reported for the following three categories – Access & Aggregation, Subscriber Solutions & Experience and Traditional & Other Products.

The table below presents revenue information by category:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(In thousands)

 

2022

 

 

2021

 

Access & Aggregation

 

$

95,460

 

 

$

69,074

 

Subscriber Solutions & Experience

 

 

54,606

 

 

 

54,569

 

Traditional & Other Products

 

 

4,452

 

 

 

3,890

 

Total

 

$

154,518

 

 

$

127,533

 

 

Revenue by Geographic Area

 

The following table presents revenue information by geographic area:

 

 

 

Three Months Ended

 

 

 

March 31,

 

(In thousands)

 

2022

 

 

2021

 

United States

 

$

99,048

 

 

$

86,485

 

United Kingdom

 

 

30,388

 

 

 

8,042

 

Germany

 

 

10,920

 

 

 

14,374

 

Other international

 

 

14,162

 

 

 

18,632

 

Total

 

$

154,518

 

 

$

127,533