Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers (Tables)

v3.21.2
Revenue from Contracts with Customers (Tables)
 9 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from External Customers by Products and Services
The table below presents disaggregated net revenues by market (in thousands):
Three Months Ended September 30, Nine Months Ended September 30,
2021 2020 2021
2020(1)
Broadband $ 126,106  $ 82,036  $ 363,061  $ 131,169 
% of net revenue 55  % 52  % 56  % 46  %
Connectivity 37,931  24,124  96,672  36,313 
% of net revenue 16  % 15  % 15  % 13  %
Infrastructure 29,224  21,527  87,385  58,306 
% of net revenue 13  % 14  % 14  % 21  %
Industrial and multi-market 36,513  28,946  97,391  58,092 
% of net revenue 16  % 19  % 15  % 20  %
Total net revenue $ 229,774  $ 156,633  $ 644,509  $ 283,880 
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(1) The Company’s net revenue by market categories were revised during the fourth quarter of 2020 to align with changing end-market conditions, the Company’s current business priorities, as well as spending requirements and growth opportunities in the four categories. The broadband category includes the Company’s prior connected home category plus the SoC business from the Wi-Fi and Broadband assets business, but excludes wired connectivity. The infrastructure category remains unchanged. Industrial and multi-market includes the previously reported revenue plus component revenues from the Wi-Fi and Broadband assets business. The Company’s connectivity category includes primarily its MoCA/G.hn products and Wi-Fi and Ethernet revenues from the Wi-Fi and Broadband assets business. The 2020 amounts have been retroactively adjusted above to reflect the change in market categories.