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REVENUE RECOGNITION (Tables)

9 Months Ended

Sep. 30, 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 September 30,												Nine Months Ended September 30,
			2022						2021						2022						2021
			(In thousands)
Primary geographical markets:
U.S.			$	451,787					$	267,553					$	1,243,907					$	769,911
International			182,926						83,966						362,294						199,419
Total			$	634,713					$	351,519					$	1,606,201					$	969,330
Timing of revenue recognition:
Products delivered at a point in time			$	614,928					$	336,359					$	1,550,942					$	927,330
Products and services delivered over time			19,785						15,160						55,259						42,000
Total			$	634,713					$	351,519					$	1,606,201					$	969,330

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:

			September 30, 2022						December 31, 2021
			(In thousands)
Receivables			$	367,647					$	333,626
Short-term contract assets (Prepaid expenses and other assets)			28,921						23,508
Long-term contract assets (Other assets)			87,627						69,583
Short-term contract liabilities (Deferred revenues, current)			79,609						62,670
Long-term contract liabilities (Deferred revenues, non-current)			239,971						187,186

Significant changes in the balances of contract assets (prepaid expenses and other assets) as of September 30, 2022 are as follows (in thousands):

Contract Assets
Contract Assets, beginning of period			$	93,091
Amount recognized			(20,464)
Increase			43,921
Contract Assets, end of period			$	116,548

Significant changes in the balances of contract liabilities (deferred revenues) as of September 30, 2022 are as follows (in thousands):

Contract Liabilities
Contract Liabilities, beginning of period			$	249,856
Revenue recognized			(55,259)
Increase due to billings			124,983
Contract Liabilities, end of period			$	319,580

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:

			September 30, 2022
			(In thousands)
Fiscal year:
2022 (remaining three months)			$	21,227
2023			76,861
2024			70,403
2025			63,310
2026			47,765
Thereafter			40,014
Total			$	319,580

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- 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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045

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