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v3.23.1

Liabilities (Tables) | 3 Months Ended
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Mar. 31, 2023
Liabilities |
Schedule of accrued expenses and other current liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | March 31, | ​ | December 31,
​ |  | 2023 |  | 2022
​ | ​ | (in thousands)
Payroll and related benefits | ​ | $ | 30,257 | ​ | $ | 30,044
Contingent Consideration | ​ | ​ | 9,606 | ​ | ​ | —
Warranty | ​ | ​ | 8,703 | ​ | ​ | 8,601
Operating lease liabilities | ​ | ​ | 3,542 | ​ | ​ | 3,333
Interest | ​ | ​ | 2,520 | ​ | ​ | 2,853
Professional fees | ​ | ​ | 3,242 | ​ | ​ | 2,102
Sales, use, and other taxes | ​ |  | 2,023 | ​ |  | 2,027
Other | ​ |  | 9,597 | ​ |  | 7,071
Total | ​ | $ | 69,490 | ​ | $ | 56,031
​
Schedule of changes in product warranty reserves | ​
​ | ​ | ​ | ​
​ | ​ | ​ | (in thousands)
Balance - December 31, 2022 | ​ | $ | 8,601
Warranties issued | ​ |  | 1,678
Addition from Epiluvac acquisition | ​ | ​ | 49
Consumption of reserves | ​ |  | (1,707)
Changes in estimate | ​ |  | 82
Balance - March 31, 2023 | ​ | $ | 8,703
​
Schedule of changes in deferred revenue | ​
​ | ​ | ​ | ​
​ | ​ | (in thousands)
Balance - December 31, 2022 |  | $ | 16,990
Deferral of revenue | ​ |  | 5,392
Recognition of unearned revenue | ​ |  | (2,268)
Balance - March 31, 2023 |  | $ | 20,114
​
Schedule of carrying value of Convertible Senior Notes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | March 31, 2023 | ​ | ​ | December 31, 2022
​ |  | ​ | Principal Amount |  | ​ | Unamortized transaction costs |  | ​ | Net carrying value |  | ​ | Principal Amount |  | ​ | Unamortized debt discount/ transaction costs |  | ​ | Net carrying value
​ | ​ | ​ | (in thousands)
2023 Notes | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 20,173 | ​ | $ | (4) | ​ | $ | 20,169
2025 Notes | ​ |  | 132,500 | ​ |  | (872) | ​ |  | 131,628 | ​ |  | 132,500 | ​ |  | (990) | ​ |  | 131,510
2027 Notes | ​ | ​ | 125,000 | ​ | ​ | (1,915) | ​ | ​ | 123,085 | ​ | ​ | 125,000 | ​ | ​ | (2,019) | ​ | ​ | 122,981
Net carrying value | ​ | $ | 257,500 | ​ | $ | (2,787) | ​ | $ | 254,713 | ​ | $ | 277,673 | ​ | $ | (3,013) | ​ | $ | 274,660
​
Schedule of interest expense related to Convertible Senior Notes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended March 31, | ​ | ​
​ |  | 2023 |  | 2022 |  | ​
​ |  | (in thousands) | ​
Cash Interest Expense |  | ​ |  | ​ | ​ |  | ​ | ​
Coupon interest expense - 2023 Notes | ​ | $ | 23 | ​ | $ | 136 | ​ | ​
Coupon interest expense - 2025 Notes | ​ | ​ | 1,159 | ​ | ​ | 1,159 | ​ | ​
Coupon interest expense - 2027 Notes | ​ | ​ | 1,172 | ​ | ​ | 1,172 | ​ | ​
Non-cash Interest Expense | ​ |  | ​ | ​ |  |  | ​ | ​
Amortization of debt discount/transaction costs- 2023 Notes | ​ |  | 4 | ​ |  | 24 | ​ | ​
Amortization of debt discount/transaction costs- 2025 Notes | ​ | ​ | 117 | ​ | ​ | 113 | ​ | ​
Amortization of debt discount/transaction costs- 2027 Notes | ​ | ​ | 105 | ​ | ​ | 100 | ​ | ​
Total Interest Expense | ​ | $ | 2,580 | ​ | $ | 2,704 | ​ | ​
​

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- Definition Tabular disclosure of the components of accrued liabilities. + References No definition available. + Details
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- Definition Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=126907703&loc=d3e12565-110249 + Details
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- Definition The Tabular disclosure for deferred revenues at the end of the reporting period, and description and amounts of significant changes that occurred during the reporting period. Deferred revenue is a liability as of the balance sheet date related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. + References No definition available. + Details
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