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EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Units Outstanding

(in thousands, except per share amounts)						Number of Shares						Weighted Average Grant-Date Fair Value Per Share
Balance at December 31, 2023						3,242						$	12.42
Granted						3,180						13.22
Vested and issued						(2,107)						12.16
Forfeited						(868)						13.93
Balance at December 31, 2024						3,447						$	12.95

Schedule of Allocation of the Share-Based Compensation Expense

The following table sets forth the detailed allocation of the share-based compensation expense which was included in the Company’s Consolidated Statements of Operations:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Share-based compensation expense included in:
Cost of revenue			$	1,091					$	2,348					$	2,233
Research and development expense			8,015						7,889						7,519
Selling, general and administrative expense			18,967						17,092						15,460
Total			$	28,073					$	27,329					$	25,212
Share-based compensation expense by type of award:
RSUs			$	23,299					$	19,863					$	17,786
PRSUs			1,044						3,398						3,865
MRSUs			1,646						1,705						1,558
Employee stock purchase rights under ESPP			2,084						2,363						2,003
Total			$	28,073					$	27,329					$	25,212

Schedule of Pension Obligations

The Company’s pension obligations as of December 31, 2024 and 2023, and the changes to the Company’s pension obligations for each of those years, were as follows:

(in thousands)			2024						2023
Projected benefit obligation:
Balance at January 1			$	5,596					$	5,283
Service cost			242						217
Interest cost			205						169
Actuarial losses (gains)			330						(25)
Settlement			(1,612)						—
Benefits paid			(28)						(275)
Foreign currency translation adjustment			(201)						227
Balance at December 31			$	4,532					$	5,596
Presented on the Consolidated Balance Sheets as:
Current portion (included in “Accrued and other current liabilities”)			$	—					$	33
Long-term portion (included in “Other non-current liabilities”)			$	4,532					$	5,563

Schedule of Components of Net Periodic Benefit Costs

The table below presents the components of net periodic benefit costs:

			Year Ended December 31,
(in thousands)			2024						2023						2022
Service cost			$	242					$	217					$	259
Interest cost			205						169						50
Net periodic benefit cost included in result of operations			$	447					$	386					$	309

Schedule of Pension Obligations Assumptions Used

The following assumptions were used in determining the Company’s pension obligation:

						As of December 31,
						2024						2023
Discount rate						3.2		%				3.8		%
Mobility rate						6.3		%				6.2		%
Salary progression rate						3.0		%				3.0		%

Schedule of Expected Benefit Payments

As of December 31, 2024, future benefits expected to be paid in each of the next five years, and in the aggregate for the five-year period thereafter are as follows (in thousands):

Year ending December 31,
2025			$	—
2026			74
2027			195
2028			349
2029			273
2030 – 2034			3,436
Total			$	4,327

Schedule of Valuation Assumptions for Stock Options

At the date of grant, the Company estimated the fair value of each stock purchase right granted under the ESPP using the following weighted average assumptions:

						Year Ended December 31,
																					2024						2023						2022
Expected term (in years)																					0.50						0.50						0.50
Volatility																					50		%				46		%				47		%
Risk-free interest rate																					5.3		%				5.2		%				1.4		%
Expected dividends																					0.0		%				0.0		%				0.0		%

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