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REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Summary of Revenue Disaggregation

Disaggregated revenue by primary geographical market and timing of revenue recognition for the Company’s single product line are as follows:

									Three Months Ended March 31,
															2022						2021
															(In thousands)
Primary geographical markets:
U.S.															$	369,492					$	247,782
International															71,800						53,972
Total															$	441,292					$	301,754
Timing of revenue recognition:
Products delivered at a point in time															$	424,149					$	288,871
Products and services delivered over time															17,143						12,883
Total															$	441,292					$	301,754

Summary of Contract Assets and Contract Liabilities, and Changes in Balances from Contracts with Customers

Receivables, and contract assets and contract liabilities from contracts with customers, are as follows:

			March 31, 2022						December 31, 2021
			(In thousands)
Receivables			$	358,310					$	333,626
Short-term contract assets (Prepaid expenses and other assets)			24,869						23,508
Long-term contract assets (Other assets)			73,138						69,583
Short-term contract liabilities (Deferred revenues, current)			68,693						62,670
Long-term contract liabilities (Deferred revenues, non-current)			202,711						187,186

Significant changes in the balances of contract assets (prepaid expenses and other assets) as of March 31, 2022 are as follows (in thousands):

Contract Assets
Contract Assets, beginning of period			$	93,091
Amount recognized			(6,419)
Increase			11,335
Contract Assets, end of period			$	98,007

Significant changes in the balances of contract liabilities (deferred revenues) as of March 31, 2022 are as follows (in thousands):

Contract Liabilities
Contract Liabilities, beginning of period			$	249,856
Revenue recognized			(17,143)
Increase due to billings			38,691
Contract Liabilities, end of period			$	271,404

Summary of Estimated Revenue Expected to be Recognized in Future Periods

Estimated revenue expected to be recognized in future periods related to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period are as follows:

			March 31, 2022
			(In thousands)
Fiscal year:
2022 (remaining nine months)			$	52,571
2023			62,373
2024			56,709
2025			49,491
2026			33,772
Thereafter			16,488
Total			$	271,404

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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- References

No definition available.

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X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045

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