Segment Information (Tables)

6 Months Ended

Jun. 30, 2026

Segment Reporting [Abstract]

Revenues Gross Profit And Operating Income By Segment

Information about our reportable segments and Corporate unallocated and the reconciliation to income before income taxes was as follows:


						Three Months Ended June 30, 2026
In thousands						Device Solutions						Networked Solutions						Outcomes						Resiliency Solutions						Total
Product revenues						$	110,940					$	309,201					$	32,883					$	438					$	453,462
Service revenues						505						30,037						63,516						15,382						109,440
Total revenues						111,445						339,238						96,399						15,820						562,902
Adjusted cost of revenues (1)						72,686						194,084						59,019						3,903

Adjusted sales, general and administrative						3,026						7,185						4,567						2,728
Adjusted research and development						4,212						25,908						12,271						4,813

Adjusted segment operating income						31,521						112,061						20,542						4,376						168,500

Reconciliation of adjusted segment operating income
Amortization of core-developed technology intangible assets																														(2,570)
Corporate unallocated expenses																														(89,864)
Total other income (expense)																														4,140
Consolidated income before income taxes																														$	80,206
(1) Excludes amortization of core-developed technology intangible assets.

						Six Months Ended June 30, 2026
In thousands						Device Solutions						Networked Solutions						Outcomes						Resiliency Solutions						Total
Product revenues						$	234,668					$	630,348					$	64,755					$	1,492					$	931,263
Service revenues						1,154						59,553						127,554						30,360						218,621
Total revenues						235,822						689,901						192,309						31,852						1,149,884
Adjusted cost of revenues (1)						153,044						401,674						114,905						8,237

Adjusted sales, general and administrative						6,003						14,466						9,826						5,729
Adjusted research and development						8,362						51,564						24,681						9,179

Adjusted segment operating income						68,413						222,197						42,897						8,707						342,214

Reconciliation of adjusted segment operating income
Amortization of core-developed technology intangible assets																														(5,065)
Corporate unallocated expenses																														(193,506)
Total other income (expense)																														3,758
Consolidated income before income taxes																														$	147,401
(1) Excludes amortization of core-developed technology intangible assets.


						Three Months Ended June 30, 2025
In thousands						Device Solutions						Networked Solutions						Outcomes												Total
Product revenues						$	111,939					$	379,481					$	25,764											$	517,184
Service revenues						821						29,453						59,303												89,577
Total revenues						112,760						408,934						85,067												606,761
Adjusted cost of revenues (1)						79,169						251,691						52,283

Adjusted sales, general and administrative						3,628						7,477						4,636
Adjusted research and development						4,509						28,767						12,461

Adjusted segment operating income						25,454						120,999						15,687												162,140

Reconciliation of adjusted segment operating income
Amortization of core-developed technology intangible assets																														—
Corporate unallocated expenses																														(85,727)
Total other income (expense)																														7,069
Consolidated income before income taxes																														$	83,482
(1) Excludes amortization of core-developed technology intangible assets.

						Six Months Ended June 30, 2025
In thousands						Device Solutions						Networked Solutions						Outcomes												Total
Product revenues						$	237,326					$	754,003					$	48,996											$	1,040,325
Service revenues						1,305						57,663						114,619												173,587
Total revenues						238,631						811,666						163,615												1,213,912
Adjusted cost of revenues (1)						167,287						505,709						100,079

Adjusted sales, general and administrative						6,956						14,157						8,713
Adjusted research and development						8,463						54,692						24,806

Adjusted segment operating income						55,925						237,108						30,017												323,050

Reconciliation of adjusted segment operating income
Amortization of core-developed technology intangible assets																														—
Corporate unallocated expenses																														(170,424)
Total other income (expense)																														13,135
Consolidated income before income taxes																														$	165,761
(1) Excludes amortization of core-developed technology intangible assets.

Revenues By Region

Revenues by region were as follows:


			Three Months Ended June 30,												Six Months Ended June 30,
In thousands			2026						2025						2026						2025
United States and Canada			$	448,316					$	500,535					$	902,835					$	986,747
Europe, Middle East, and Africa			83,894						78,579						185,101						174,905
Asia Pacific			30,692						27,647						61,948						52,260
Total Company			$	562,902					$	606,761					$	1,149,884					$	1,213,912

Depreciation And Amortization Expense Associated With Segments

Depreciation and amortization of intangible assets expense associated with our reportable segments and Corporate unallocated was as follows:


			Three Months Ended June 30,												Six Months Ended June 30,
In thousands			2026						2025						2026						2025
Device Solutions			$	2,121					$	2,209					$	4,325					$	4,314
Networked Solutions			2,976						3,513						6,089						7,076
Outcomes			1,678						1,278						3,451						2,616
Resiliency Solutions			2,612						—						5,136						—
Corporate unallocated			9,239						5,114						18,161						10,176
Total Company			$	18,626					$	12,114					$	37,162					$	24,182