XML 104 R88.htm IDEA: XBRL DOCUMENT v3.24.0.1
Commitments and Contingencies (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Contractual obligations        
2024 [1],[2] $ 18,436      
2025 [1],[2] 8,550      
2026 [1],[2] 137      
2027 [1],[2] 0      
2028 [1],[2] 0      
Total contractual obligation [1],[2] 27,123      
Unrecognized tax benefit excluding foreign tax withholdings 110,700      
Unrecognized tax benefits 184,921 $ 164,531 $ 146,215 $ 134,044
Long-term deferred tax assets        
Contractual obligations        
Unrecognized tax benefits 31,700 19,600    
Long-term income taxes payable        
Contractual obligations        
Unrecognized tax benefits 78,900 $ 1,300    
Software licenses        
Contractual obligations        
2024 [1],[2],[3] 16,552      
2025 [1],[2],[3] 8,083      
2026 [1],[2],[3] 0      
2027 [1],[2],[3] 0      
2028 [1],[2],[3] 0      
Total contractual obligation [1],[2],[3] $ 24,635      
Software licenses | Engineering development tools        
Contractual obligations        
Terms of noncancellable license agreement, minimum (in years) 1 year      
Software licenses | Engineering development tools | Other current liabilities        
Contractual obligations        
Total contractual obligation $ 14,600      
Software licenses | Engineering development tools | Other noncurrent liabilities        
Contractual obligations        
Total contractual obligation 8,000      
Other contractual commitments        
Contractual obligations        
2024 [1],[2] 1,326      
2025 [1],[2] 131      
2026 [1],[2] 137      
2027 [1],[2] 0      
2028 [1],[2] 0      
Total contractual obligation [1],[2] 1,594      
Acquisition retention bonuses        
Contractual obligations        
2024 [1],[2],[4],[5] 558      
2025 [1],[2],[4],[5] 336      
2026 [1],[2],[4],[5] 0      
2027 [1],[2],[4],[5] 0      
2028 [1],[2],[4],[5] 0      
Total contractual obligation [1],[2],[4],[5] $ 894      
[1] For the Company’s lease commitments as of December 31, 2023, refer to Note 10, “Leases.”
[2] The above table does not reflect possible payments in connection with unrecognized tax benefits of approximately $110.7 million, including $31.7 million recorded as a reduction of long-term deferred tax assets and $78.9 million in long-term income taxes payable, as of December 31, 2023. As noted below in Note 18, “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 timing of the outcome at this time.
[3] The Company has commitments with various software vendors for agreements generally having terms longer than one year. As of December 31, 2023, approximately $14.6 million of the fair value of the liability was included in other current liabilities and $8.0 million was included in other long-term liabilities, in the accompanying Consolidated Balance Sheet.
[4] In connection with the acquisitions of Hardent in the second quarter of 2022 and 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.
[5] In connection with the acquisition of AnalogX in the third quarter of 2021, the Company was obligated to pay retention bonuses to certain employees subject to certain eligibility and acceleration provisions, including the condition of employment. In September 2023, the Company divested its PHY IP group, which included AnalogX and resulted in the Company recognizing an immaterial decrease related to the remaining AnalogX acquisition retention bonus liability. Refer to Note 20, “Divestiture,” for additional information.