XML 39 R27.htm IDEA: XBRL DOCUMENT v3.25.2

REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule 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 June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
			(In thousands)
Primary geographical markets:
United States			$	271,330					$	198,712					$	534,568					$	348,686
International			91,823						104,746						184,669						218,111
Total			$	363,153					$	303,458					$	719,237					$	566,797
Timing of revenue recognition:
Products delivered at a point in time			$	329,065					$	272,592					$	651,951					$	505,737
Products and services delivered over time			34,088						30,866						67,286						61,060
Total			$	363,153					$	303,458					$	719,237					$	566,797

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

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

			June 30, 2025						December 31, 2024
			(In thousands)
Accounts receivable			$	223,218					$	223,749
Short-term contract assets (Prepaid expenses and other current assets)			42,380						42,001
Long-term contract assets (Other assets)			105,217						110,954
Short-term contract liabilities (Deferred revenues, current)			129,040						237,225
Long-term contract liabilities (Deferred revenues, non-current)			331,531						341,982

Significant changes in the balances of contract assets (prepaid expenses and other assets) as of June 30, 2025 are as follows (in thousands):

Contract Assets
Contract Assets, beginning of period			$	152,955
Amount recognized			(18,406)
Increased due to billings			13,048
Contract Assets, end of period			$	147,597

Significant changes in contract liabilities (deferred revenues) as of June 30, 2025 are as follows (in thousands):

Contract Liabilities
Contract Liabilities, beginning of period			$	579,207
Revenue recognized			(177,558)
Increased due to billings			58,922
Contract Liabilities, end of period			$	460,571

Schedule 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:

			June 30, 2025
			(In thousands)
Fiscal year:
2025 (remaining six months)			$	67,328
2026			119,810
2027			99,228
2028			77,710
2029			52,577
Thereafter			43,918
Total			$	460,571

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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-SubTopic 10
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-13

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration