Quarterly report pursuant to Section 13 or 15(d)

Revenue from Contracts with Customers (Tables)

v3.21.2
Revenue from Contracts with Customers (Tables)
 6 Months Ended
Jun. 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 June 30, Six Months Ended June 30,
2021 2020 2021
2020(1)
Broadband $ 112,765  $ 22,495  $ 236,955  $ 49,133 
% of net revenue 55  % 34  % 57  % 39  %
Connectivity 31,292  6,573  58,741  12,189 
% of net revenue 15  % 10  % 14  % 9  %
Infrastructure 29,369  19,237  58,161  36,779 
% of net revenue 14  % 30  % 14  % 29  %
Industrial and multi-market 31,950  16,915  60,878  29,146 
% of net revenue 16  % 26  % 15  % 23  %
Total net revenue $ 205,376  $ 65,220  $ 414,735  $ 127,247 
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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 were adjusted to reflect the change in market categories.