XML 33 R20.htm IDEA: XBRL DOCUMENT
v3.22.4

Accrued Expenses | 12 Months Ended
--- | ---
Dec. 31, 2022
Payables and Accruals [Abstract] |
Accrued Expenses | Accrued Expenses Accrued expenses consisted of the following (in thousands):
| December 31,
| 2022 |  | 2021
Deferred payments related to Sualab Co., Ltd. acquisition (1) | $ | 19,282 |  |  | $ | — |
Incentive compensation | 18,554 |  |  | 37,917 |
Salaries and payroll taxes | 8,121 |  |  | 8,519 |
Foreign retirement obligations | 7,191 |  |  | 7,572 |
Vacation | 5,847 |  |  | 4,686 |
Warranty obligations | 4,375 |  |  | 5,427 |
Other | 29,865 |  |  | 28,311 |
| $ | 93,235 |  |  | $ | 92,432 |
(1) The total consideration for the Company's 2019 acquisition of Sualab Co., Ltd. included deferred payments of $24,040,000 that may become payable in October 2023, contingent upon the continued employment of key talent. The deferred payments are being recorded as compensation expense over the four-year period, and the accrued balance was reclassified from "Other Liabilities" to "Accrued expenses" on the Consolidated Balance Sheets in the fourth quarter of 2022 when the liability became current. The changes in the warranty obligation were as follows (in thousands):
Balance as of December 31, 2020 | $ | 5,406 |
Provisions for warranties issued during the period | 3,256 |
Fulfillment of warranty obligations | (3,235) |
Balance as of December 31, 2021 | 5,427 |
Provisions for warranties issued during the period | 1,876 |
Fulfillment of warranty obligations | (2,928) |
Balance as of December 31, 2022 | $ | 4,375 |

X
- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a),20,24) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_AccountsPayableAndAccruedLiabilitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration