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Commitments and Contingencies
 6 Months Ended
Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
As of June 30, 2021, the Company’s material contractual obligations were as follows:
(In thousands)TotalRemainder of 20212022202320242025
Contractual obligations (1) (2)
      
Software licenses (3)
$11,746 $5,317 $6,429 $— $— $— 
Acquisition retention bonuses (4)
6,370 3,370 3,000 — — — 
Convertible notes172,500 — — 172,500 — — 
Interest payments related to convertible notes4,750 1,186 2,372 1,192 — — 
Total$195,366 $9,873 $11,801 $173,692 $— $— 
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(1)    The above table does not reflect possible payments in connection with unrecognized tax benefits of approximately $27.2 million including $24.0 million recorded as a reduction of long-term deferred tax assets and $3.2 million in long-term income taxes payable as of June 30, 2021. As noted below in Note 14, “Income Taxes,” although it is possible that some of the unrecognized tax benefits could be settled within the next 12 months, the Company cannot reasonably estimate the outcome at this time.
(2)    For the Company’s lease commitments as of June 30, 2021, refer to Note 9, “Leases.”
(3)    The Company has commitments with various software vendors for agreements generally having terms longer than one year.
(4)    In connection with the acquisition of Northwest Logic in the third quarter of 2019 and the Secure Silicon IP and Protocols business in the fourth quarter of 2019, the Company is obligated to pay retention bonuses to certain employees subject to certain eligibility and acceleration provisions including the condition of employment.
Indemnifications
From time to time, the Company indemnifies certain customers as a necessary means of doing business. Indemnification covers customers for losses suffered or incurred by them as a result of any patent, copyright, or other intellectual property infringement or any other claim by any third party arising as result of the applicable agreement with the Company. The
Company generally attempts to limit the maximum amount of indemnification that the Company could be required to make under these agreements to the amount of fees received by the Company, however, this may not always be possible. The fair value of the liability as of June 30, 2021 and December 31, 2020 was not material.