EXHIBIT 99.2
Segment and Category Revenues
(New Reporting Structure)
(Unaudited)
(In thousands)
| | | | | | | | |
| | Three Months Ended | |
| | March 31, | |
| | 2016 | | | 2015 | |
Segment Revenues: | | | | | | | | |
Network Solutions | | $ | 123,883 | | | $ | 129,505 | |
Services & Support | | | 18,321 | | | | 13,330 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
| | |
Category Revenues: | | | | | | | | |
Access & Aggregation | | $ | 93,855 | | | $ | 92,851 | |
Customer Devices | | | 32,353 | | | | 31,704 | |
Traditional & Other Products | | | 15,996 | | | | 18,280 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
| | |
Sales by Geographic Region: | | | | | | | | |
United States | | $ | 116,348 | | | $ | 83,472 | |
International | | | 25,856 | | | | 59,363 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
1
Product and Segment Revenues
(Former Reporting Structure)
(Unaudited)
(In thousands)
| | | | | | | | |
| | Three Months Ended March 31, | |
| | 2016 | | | 2015 | |
Product Revenues: | | | | | | | | |
Carrier Systems | | $ | 100,173 | | | $ | 100,439 | |
Business Networking | | | 35,661 | | | | 35,381 | |
Loop Access | | | 6,370 | | | | 7,015 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
| | |
Subcategories included in the above: | | | | | | | | |
Broadband Access (included in Carrier Systems) | | $ | 81,778 | | | $ | 84,794 | |
Optical (included in Carrier Systems) | | | 16,228 | | | | 12,504 | |
Internetworking (Netvanta & Multi-service Access Gateways) (included in Business Networking) | | | 34,868 | | | | 34,159 | |
| | | | | | | | |
Total Core Products | | | 132,874 | | | | 131,457 | |
| | | | | | | | |
Percentage of Total Revenue | | | 93 | % | | | 92 | % |
| | |
HDSL (does not include T1) (included in Loop Access) | | | 5,773 | | | | 6,703 | |
Other Products (excluding HDSL) | | | 3,557 | | | | 4,675 | |
| | | | | | | | |
Total Legacy Products | | | 9,330 | | | | 11,378 | |
| | | | | | | | |
Percentage of Total Revenue | | | 7 | % | | | 8 | % |
| | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
| | |
Segment Revenues: | | | | | | | | |
Carrier Networks | | $ | 118,398 | | | $ | 116,014 | |
Enterprise Networks | | | 23,806 | | | | 26,821 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
| | |
Sales by Geographic Region: | | | | | | | | |
United States | | $ | 116,348 | | | $ | 83,472 | |
International | | | 25,856 | | | | 59,363 | |
| | | | | | | | |
Total | | $ | 142,204 | | | $ | 142,835 | |
| | | | | | | | |
2
Segment and Category Information
(Recast Historical Results)
(Unaudited)
(In thousands)
| | | | | | | | | | | | | | | | | | | | |
Segment Revenues | | | | | | | | | | |
Three months ended | | March 31, 2015 | | | June 30, 2015 | | | September 30, 2015 | | | December 31, 2015 | | | Full Year 2015 | |
Network Solutions | | $ | 129,505 | | | $ | 144,098 | | | $ | 138,120 | | | $ | 115,699 | | | $ | 527,422 | |
Services & Support | | | 13,330 | | | | 16,040 | | | | 19,958 | | | | 23,314 | | | | 72,642 | |
| | | | | | | | | | | | | | | | | | | | |
Total Revenue | | $ | 142,835 | | | $ | 160,138 | | | $ | 158,078 | | | $ | 139,013 | | | $ | 600,064 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | |
Segment Revenues | | | | | | | | | | | | | | | |
Three months ended | | March 31, 2014 | | | June 30, 2014 | | | September 30, 2014 | | | December 31, 2014 | | | Full Year 2014 | |
Network Solutions | | $ | 130,954 | | | $ | 158,832 | | | $ | 146,035 | | | $ | 123,711 | | | $ | 559,532 | |
Services & Support | | | 16,050 | | | | 17,297 | | | | 16,857 | | | | 20,271 | | | | 70,475 | |
| | | | | | | | | | | | | | | | | | | | |
Total Revenue | | $ | 147,004 | | | $ | 176,129 | | | $ | 162,892 | | | $ | 143,982 | | | $ | 630,007 | |
| | | | | | | | | | | | | | | | | | | | |
| | | |
Segment Gross Profit | | | | | | | | | | |
Three months ended | | March 31, 2015 | | | June 30, 2015 | | | September 30, 2015 | | | December 31, 2015 | | | Full Year 2015 | |
Network Solutions | | $ | 57,945 | | | $ | 59,888 | | | $ | 62,151 | | | $ | 53,595 | | | $ | 233,579 | |
Services & Support | | | 7,618 | | | | 8,358 | | | | 8,498 | | | | 8,844 | | | | 33,318 | |
| | | | | | | | | | | | | | | | | | | | |
Total Gross Profit | | $ | 65,563 | | | $ | 68,246 | | | $ | 70,649 | | | $ | 62,439 | | | $ | 266,897 | |
| | | | | | | | | | | | | | | | | | | | |
| | | |
Segment Gross Profit | | | | | | | | | | |
Three months ended | | March 31, 2014 | | | June 30, 2014 | | | September 30, 2014 | | | December 31, 2014 | | | Full Year 2014 | |
Network Solutions | | $ | 67,330 | | | $ | 76,162 | | | $ | 69,344 | | | $ | 58,681 | | | $ | 271,517 | |
Services & Support | | | 10,460 | | | | 10,635 | | | | 8,913 | | | | 9,802 | | | | 39,810 | |
| | | | | | | | | | | | | | | | | | | | |
Total Gross Profit | | $ | 77,790 | | | $ | 86,797 | | | $ | 78,257 | | | $ | 68,483 | | | $ | 311,327 | |
| | | | | | | | | | | | | | | | | | | | |
| | | |
Category Revenues | | | | | | | | | | |
Three months ended | | March 31, 2015 | | | June 30, 2015 | | | September 30, 2015 | | | December 31, 2015 | | | Full Year 2015 | |
Access & Aggregation | | $ | 92,851 | | | $ | 112,732 | | | $ | 103,431 | | | $ | 96,684 | | | $ | 405,698 | |
Customer Devices | | | 31,704 | | | | 30,042 | | | | 35,545 | | | | 28,274 | | | | 125,565 | |
Traditional & Other Products | | | 18,280 | | | | 17,364 | | | | 19,102 | | | | 14,055 | | | | 68,801 | |
| | | | | | | | | | | | | | | | | | | | |
Total Revenue | | $ | 142,835 | | | $ | 160,138 | | | $ | 158,078 | | | $ | 139,013 | | | $ | 600,064 | |
| | | | | | | | | | | | | | | | | | | | |
| | | |
Category Revenues | | | | | | | | | | |
Three months ended | | March 31, 2014 | | | June 30, 2014 | | | September 30, 2014 | | | December 31, 2014 | | | Full Year 2014 | |
Access & Aggregation | | $ | 87,645 | | | $ | 119,144 | | | $ | 104,535 | | | $ | 90,445 | | | $ | 401,769 | |
Customer Devices | | | 32,498 | | | | 37,351 | | | | 35,111 | | | | 33,091 | | | | 138,051 | |
Traditional & Other Products | | | 26,861 | | | | 19,634 | | | | 23,246 | | | | 20,446 | | | | 90,187 | |
| | | | | | | | | | | | | | | | | | | | |
Total Revenue | | $ | 147,004 | | | $ | 176,129 | | | $ | 162,892 | | | $ | 143,982 | | | $ | 630,007 | |
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