Balance Sheet Components

3 Months Ended

Mar. 31, 2026

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance sheet details are presented in the tables below:


	March 31, 2026		December 31, 2025

	(In thousands)
Inventories:
Raw materials	$	26,554	$	26,245
Work in process	1,641		1,321
Finished goods	71,009		73,339
Total inventories	$	99,204	$	100,905

Other current assets:
Funds held for customers, including restricted cash (1)	$	64,821	$	101,104
Deferred cost of sales	15,366		10,819
Net investment in sales-type leases, current portion	14,417		14,648
Other current assets	5,825		5,506
Total other current assets	$	100,429	$	132,077

Other long-term assets:
External-use software development costs, net	$	53,033	$	54,197
Unbilled receivables, net	2,791		3,521
Other long-term assets	11,725		12,486
Total other long-term assets	$	67,549	$	70,204

Accrued liabilities:
Operating lease liabilities, current portion	$	11,622	$	11,955
Customer fund liabilities	64,821		101,104
Advance payments from customers	9,281		10,514
Rebate liabilities	46,232		44,722
Taxes payable	5,650		4,017
Other accrued liabilities	28,804		31,274
Total accrued liabilities	$	166,410	$	203,586

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(1) Includes restricted cash of $51.7 million and $54.5 million as of March 31, 2026 and December 31, 2025, respectively.

The Company capitalizes certain cloud computing arrangement costs that are associated with service contracts, which are amortized using the straight-line method over the term of the arrangement. As of March 31, 2026 and December 31, 2025, capitalized costs associated with cloud computing arrangements, net of accumulated amortization, were $4.1 million and $4.6 million, respectively.

The following table summarizes the changes in accumulated balances of other comprehensive income (loss), which consisted of foreign currency translation adjustments:


	Three Months Ended March 31,
	2026		2025


	(In thousands)
Beginning balance	$	(8,854)	$	(17,195)
Other comprehensive income (loss):	(1,788)		3,388


Ending balance	$	(10,642)	$	(13,807)