v3.20.4
Revenue
 12 Months Ended
Jan. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue Revenue
Disaggregation of Revenue
The majority of the Company's revenue is generated from sales of the Company’s products.
The following table summarizes net revenue disaggregated by product group (in thousands, except percentages):
Year Ended
January 30, 2021		% of TotalYear Ended
February 1, 2020		% of TotalYear Ended
February 2, 2019		% of Total
Net revenue by product group:
Networking (1)$1,683,294 57 %$1,377,635 51 %$1,313,439 46 %
Storage (2)1,151,874 39 %1,137,766 42 %1,376,697 48 %
Other (3)133,732 4 %183,760 7 %175,655 6 %
$2,968,900 $2,699,161 $2,865,791 

(1)Networking products are comprised primarily of Ethernet Solutions, Embedded Processors and Custom ASICs.
(2)Storage products are comprised primarily of Storage Controllers and Fibre Channel Adapters.
(3)Other products are comprised primarily of Printer Solutions.

The following table summarizes net revenue disaggregated by primary geographical market based on destination of shipment (in thousands, except percentages):
Year Ended
January 30, 2021		% of TotalYear Ended
February 1, 2020		% of TotalYear Ended
February 2, 2019		% of Total
Net revenue based on destination of shipment:
China$1,268,820 43 %$1,071,028 40 %$1,189,928 42 %
United States321,448 11 %258,827 10 %251,905 9 %
Malaysia254,053 9 %226,358 8 %372,817 13 %
Thailand251,408 8 %230,218 9 %165,923 6 %
Philippines166,734 6 %221,566 8 %235,921 8 %
Japan142,554 5 %162,399 6 %162,767 6 %
Others563,883 18 %528,765 19 %486,530 16 %
$2,968,900 $2,699,161 $2,865,791 
These destinations of shipment are not necessarily indicative of the geographic location of the Company's end customers or the country in which the Company's end customers sell devices containing the Company's products. For example, a substantial majority of the shipments made to China relate to sales to non-China based customers that have factories or contract manufacturing operations located within China.
The following table summarizes net revenue disaggregated by customer type (in thousands, except percentages):
Year Ended
January 30, 2021		% of TotalYear Ended
February 1, 2020		% of TotalYear Ended
February 2, 2019		% of Total
Net revenue by customer type:
Direct customers$2,213,645 75 %$2,041,089 76 %$2,197,209 77 %
Distributors755,255 25 %658,072 24 %668,582 23 %
$2,968,900 $2,699,161 $2,865,791 
Contract Liabilities
Contract liabilities consist of the Company’s obligation to transfer goods or services to a customer for which the Company has received consideration or the amount is due from the customer. As of January 30, 2021, contract liability balances are comprised of variable consideration estimated based on a portfolio basis using the expected value methodology based on analysis of historical data, current economic conditions, and contractual terms. Variable consideration estimates consist of the estimated returns, price discounts, price protection, rebates, and stock rotation programs. As of the end of a reporting period, some of the performance obligations associated with contracts will have been unsatisfied or only partially satisfied. In accordance with the practical expedients available in the guidance, the Company does not disclose the value of unsatisfied performance obligations for contracts with an original expected duration of one year or less. Contract liabilities are included in accrued liabilities in the consolidated balance sheets.
The opening balance of contract liabilities at the beginning of fiscal year 2021 was $111.5 million. During the year ended January 30, 2021, contract liabilities increased by $875.0 million associated with variable consideration estimates, offset by $805.5 million decrease in such reserves primarily due to credit memos issued to customers. The ending balance of contract liabilities at the end of fiscal year 2021 was $181.0 million. The amount of revenue recognized during the year ended January 30, 2021 that was included in the contract liabilities balance at February 1, 2020 was not material.
Sales Commissions
The Company has elected to apply the practical expedient to expense commissions when incurred as the amortization period is typically one year or less. These costs are recorded in selling, general and administrative expenses in the consolidated statements of operations.