A receiver circuit is disclosed. The receiver circuit includes a multi-PAM input circuit to receive a multi-PAM input symbol. The input symbol exhibits one of multiple threshold levels during a sampling period. The threshold levels correspond to a set of M-bit two's-complement values within a defined set of threshold values. An adaptive filtering circuit includes a first transcoder to transcode the set of M-bit two's-complement values to a set of N-bit values, where N展开▼