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Commitments and Contingencies
 3 Months Ended
Mar. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Commitments and Contingencies
As of March 31, 2022, the Company’s material contractual obligations were as follows:
(In thousands)TotalRemainder of 20222023202420252026
Contractual obligations (1) (2) (3)
      
Software licenses (4)
$12,428 $7,503 $3,361 $1,564 $— $— 
Acquisition retention bonuses (5)
9,500 5,166 2,167 2,167 — — 
Convertible notes (6)
74,011 24,657 49,354 — — — 
Interest payments related to convertible notes567 509 58 — — — 
Total$96,506 $37,835 $54,940 $3,731 $— $— 
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(1)    The above table does not reflect possible payments in connection with unrecognized tax benefits of approximately $20.9 million, including $19.1 million recorded as a reduction of long-term deferred tax assets and $1.8 million in long-term income taxes payable as of March 31, 2022. 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 March 31, 2022, refer to Note 9, “Leases.”
(3)    The Company’s other contractual obligations as of March 31, 2022 were not material.
(4)    The Company has commitments with various software vendors for agreements generally having terms longer than one year.
(5)    In connection with the acquisition of Northwest Logic in the third quarter of 2019, the Secure Silicon IP and Protocols business in the fourth quarter of 2019, and the acquisitions of AnalogX Inc. (“AnalogX”) and PLDA Group (“PLDA”) in the third quarter of 2021, the Company is obligated to pay retention bonuses to certain employees subject to certain eligibility and acceleration provisions including the condition of employment.
(6)    During the three months ended March 31, 2022, the Company repurchased $107.9 million of the aggregate principal amount of its 2023 Notes. Refer to Note 10, “Convertible Notes.”
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 March 31, 2022 and December 31, 2021, respectively, was not material.