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REVENUE RECOGNITION (Tables)

3 Months Ended

Mar. 31, 2023

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,
															2023						2022
															(In thousands)
Primary geographical markets:
U.S.															$	472,961					$	369,492
International															253,055						71,800
Total															$	726,016					$	441,292
Timing of revenue recognition:
Products delivered at a point in time															$	701,652					$	424,149
Products and services delivered over time															24,364						17,143
Total															$	726,016					$	441,292

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, 2023						December 31, 2022
			(In thousands)
Receivables			$	516,106					$	440,896
Short-term contract assets (Prepaid expenses and other assets)			34,127						32,120
Long-term contract assets (Other assets)			114,104						100,991
Short-term contract liabilities (Deferred revenues, current)			99,819						90,747
Long-term contract liabilities (Deferred revenues, non-current)			322,487						281,613

Significant changes in the balances of contract assets (prepaid expenses and other assets) as of March 31, 2023 are as follows (in thousands):

Contract Assets
Contract Assets, beginning of period			$	133,121
Amount recognized			(8,808)
Increased due to shipments			23,918
Contract Assets, end of period			$	148,231

Significant changes in the balances of contract liabilities (deferred revenues) as of March 31, 2023 are as follows (in thousands):

Contract Liabilities
Contract Liabilities, beginning of period			$	372,360
Revenue recognized			(24,364)
Increased due to billings			74,310
Contract Liabilities, end of period			$	422,306

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, 2023
			(In thousands)
Fiscal year:
2023 (remaining nine months)			$	75,245
2024			94,602
2025			87,103
2026			71,195
2027			51,548
Thereafter			42,613
Total			$	422,306

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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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