XML 63 R17.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Certain Balance Sheet Components | 12 Months Ended
--- | ---
Dec. 31, 2019
Balance Sheet Related Disclosures [Abstract] |
Certain Balance Sheet Components | CERTAIN BALANCE SHEET COMPONENTS The following tables provide details of selected balance sheet components (in thousands):
| December 31,
| 2019 |  | 2018
Inventories, net: |  |  |
Raw materials | $ | 4,179 |  |  | $ | 1,705 |
Work-in-process | 1,633 |  |  | 991 |
Finished goods | 14,080 |  |  | 12,267 |
Service-related spares | 9,150 |  |  | 10,675 |
Total | $ | 29,042 |  |  | $ | 25,638 |
| December 31,
| 2019 |  | 2018
Prepaid expenses and other current assets: |  |  |
Contract assets (1) | $ | 13,969 |  |  | 3,834 |
French R&D tax credits receivable (2) | 7,343 |  |  | $ | 7,305 |
Deferred cost of revenue | 2,631 |  |  | 3,671 |
Prepaid maintenance, royalty, rent, and property taxes | 1,594 |  |  | 3,497 |
Capitalized commission | 1,309 |  |  | 1,098 |
Other | 13,916 |  |  | 3,875 |
Total | $ | 40,762 |  |  | $ | 23,280 |
(1) Contract assets reflect the satisfied performance obligations for which the Company does not yet have an unconditional right to consideration. (2) The Company’s French Subsidiary participates in the French Crédit d’Impôt Recherche (“CIR”) program (the “R&D tax credits”) which allows companies to monetize eligible research expenses. The R&D tax credits can be used to offset against income tax payable to the French government in each of the four years after being incurred, or if not utilized, are recoverable in cash. The amount of R&D tax credits recoverable are subject to audit by the French government and during the year ended December 31, 2019 and 2018, the French government approved the 2015 and 2014 claims and refunded $6.4 million to the French Subsidiary in each of the periods, respectively. The remaining R&D tax credits receivable at December 31, 2019 were approximately $23.2 million and are expected to be recoverable from 2020 through 2023 with $7.3 million reported as a component of “Prepaid and other Current Assets” and $15.9 million reported as a component of “Other Long-term Assets” on the Company’s Consolidated Balance Sheets.
| December 31,
| 2019 |  | 2018
Property and equipment, net: |  |  |
Machinery and equipment | $ | 75,229 |  |  | $ | 75,094 |
Capitalized software | 34,190 |  |  | 32,696 |
Leasehold improvements | 15,170 |  |  | 14,951 |
Furniture and fixtures | 6,036 |  |  | 6,049 |
Construction in progress | 5,506 |  |  | — |
Property and equipment, gross | 136,131 |  |  | 128,790 |
Less: accumulated depreciation and amortization | (113,203 | ) |  | (106,469 | )
Total | $ | 22,928 |  |  | $ | 22,321 |
| December 31,
| 2019 |  | 2018
Other long-term assets: |  |  |
French R&D tax credits receivable | $ | 15,899 |  |  | $ | 19,249 |
Deferred tax assets | 10,575 |  |  | 8,695 |
Equity investment | 3,593 |  |  | 3,593 |
Other | 11,238 |  |  | 6,840 |
Total | $ | 41,305 |  |  | $ | 38,377 |
| December 31,
| 2019 |  | 2018
Accrued and other current liabilities: |  |  |
Accrued employee compensation and related expenses | $ | 19,454 |  |  | $ | 21,451 |
Operating lease liability (short-term) | 8,881 |  |  | — |
Accrued warranty | 4,308 |  |  | 4,869 |
Customer deposits | 3,557 |  |  | 4,642 |
Accrued royalty payments | 2,642 |  |  | 1,998 |
Contingent inventory reserves | 2,208 |  |  | 2,500 |
Accrued French VDP, current (1) | 2,055 |  |  | 1,585 |
Accrued Avid litigation settlement fees, current | 2,000 |  |  | 1,500 |
Other | 17,430 |  |  | 14,216 |
Total | $ | 62,535 |  |  | $ | 52,761 |
(1) See Note 11, “Restructuring and Related Charges,” for additional information on the Company’s French VDP liabilities.
| December 31,
| 2019 |  | 2018
Other non-current liabilities: |  |  |
Operating lease liability (long-term) | $ | 25,766 |  |  | $ | — |
Deferred revenue (long-term) | 6,333 |  |  | 5,330 |
Others | 9,155 |  |  | 12,898 |
Total | $ | 41,254 |  |  | $ | 18,228 |

X
- References No definition available. + Details
Name: | us-gaap_BalanceSheetRelatedDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -URI http://asc.fasb.org/topic&trid=2122208 + Details
Name: | us-gaap_SupplementalBalanceSheetDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration