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v3.23.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Revenue and Gross Profit of Reportable Segments | The following tables present information about the revenue and gross profit of the Company's reportable segments:
|  | Three Months Ended |
|  | June 30, 2023 |  |  | June 30, 2022 |
(In thousands) |  | Revenue |  |  | Gross Profit |  |  | Revenue |  |  | Gross Profit |
Network Solutions |  | $ | 283,002 |  |  | $ | 66,042 |  |  | $ | 155,992 |  |  | $ | 56,071 |
Services & Support |  |  | 44,376 |  |  |  | 26,511 |  |  |  | 16,046 |  |  |  | 6,435 |
Total |  | $ | 327,378 |  |  | $ | 92,553 |  |  | $ | 172,038 |  |  | $ | 62,506 |
|  | Six Months Ended |
|  | June 30, 2023 |  |  | June 30, 2022 |
(In thousands) |  | Revenue |  |  | Gross Profit |  |  | Revenue |  |  | Gross Profit |
Network Solutions |  | $ | 565,420 |  |  | $ | 129,330 |  |  | $ | 294,366 |  |  | $ | 103,791 |
Services & Support |  |  | 85,870 |  |  |  | 51,031 |  |  |  | 32,190 |  |  |  | 13,031 |
Total |  | $ | 651,290 |  |  | $ | 180,361 |  |  | $ | 326,556 |  |  | $ | 116,822 |
Disaggregate of Revenue by Reportable Segment and Revenue Category | The following tables disaggregate revenue by reportable segment and revenue category. Prior year amounts presented below have been reclassified to conform to the current period revenue category presentation:
|  | Three Months Ended |
|  | June 30, 2023 |  |  | June 30, 2022 |
(In thousands) |  | Network Solutions |  |  | Services & Support |  |  | Total |  |  | Network Solutions |  |  | Services & Support |  |  | Total |
Optical Networking Solutions |  | $ | 120,221 |  |  | $ | 22,775 |  |  | $ | 142,996 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Access & Aggregation Solutions |  |  | 89,263 |  |  |  | 13,454 |  |  |  | 102,717 |  |  |  | 80,821 |  |  |  | 11,467 |  |  |  | 92,288 |
Subscriber Solutions |  |  | 73,518 |  |  |  | 8,147 |  |  |  | 81,665 |  |  |  | 75,171 |  |  |  | 4,579 |  |  |  | 79,750 |
Total |  | $ | 283,002 |  |  | $ | 44,376 |  |  | $ | 327,378 |  |  | $ | 155,992 |  |  | $ | 16,046 |  |  | $ | 172,038 |
|  | Six Months Ended |
|  | June 30, 2023 |  |  | June 30, 2022 |
(In thousands) |  | Network Solutions |  |  | Services & Support |  |  | Total |  |  | Network Solutions |  |  | Services & Support |  |  | Total |
Optical Networking Solutions |  | $ | 247,798 |  |  | $ | 42,954 |  |  | $ | 290,752 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Access & Aggregation Solutions |  |  | 173,817 |  |  |  | 25,720 |  |  |  | 199,537 |  |  |  | 166,805 |  |  |  | 23,279 |  |  |  | 190,084 |
Subscriber Solutions |  |  | 143,805 |  |  |  | 17,196 |  |  |  | 161,001 |  |  |  | 127,561 |  |  |  | 8,911 |  |  |  | 136,472 |
Total |  | $ | 565,420 |  |  | $ | 85,870 |  |  | $ | 651,290 |  |  | $ | 294,366 |  |  | $ | 32,190 |  |  | $ | 326,556 |
The table below presents revenue information by category. Prior year amounts presented below have been reclassified to conform to the current period revenue category presentation:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Optical Networking Solutions |  | $ | 142,996 |  |  | $ | — |  |  | $ | 290,752 |  |  | $ | — |
Access & Aggregation Solutions |  |  | 102,717 |  |  |  | 92,288 |  |  |  | 199,537 |  |  |  | 190,084 |
Subscriber Solutions |  |  | 81,665 |  |  |  | 79,750 |  |  |  | 161,001 |  |  |  | 136,472 |
Total |  | $ | 327,378 |  |  | $ | 172,038 |  |  | $ | 651,290 |  |  | $ | 326,556 |
Revenue Information by Geographic Area | The following table presents revenue information by geographic area:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, |  |  | June 30, |
(In thousands) |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
United States |  | $ | 132,294 |  |  | $ | 105,752 |  |  | $ | 263,760 |  |  | $ | 204,801 |
Germany |  |  | 75,538 |  |  |  | 14,859 |  |  |  | 151,824 |  |  |  | 25,376 |
United Kingdom |  |  | 52,071 |  |  |  | 28,838 |  |  |  | 109,468 |  |  |  | 59,243 |
Other international |  |  | 67,475 |  |  |  | 22,589 |  |  |  | 126,238 |  |  |  | 37,136 |
Total |  | $ | 327,378 |  |  | $ | 172,038 |  |  | $ | 651,290 |  |  | $ | 326,556 |

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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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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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