XML 71 R26.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Accounting Policies [Abstract] |
Accounts Receivable, Allowance for Credit Loss | The below table shows the roll forward of the allowance for doubtful accounts for the years ended December 31, 2023, 2022 and 2021:
| Balance at Beginning of Period |  | Charged to Costs and Expenses |  | Other |  | Deductions |  | Balance at End of Period
Dollars in thousands |  |  |  |
Year Ended: |  |  |  |  |  |  |  |  |
December 31, 2023 | $ | 4,304 |  |  | 2,963 |  |  | — |  |  | (2,388) |  |  | $ | 4,879 |
December 31, 2022 | $ | 4,735 |  |  | 238 |  |  | — |  |  | (669) |  |  | $ | 4,304 |
December 31, 2021 | $ | 6,439 |  |  | (1,059) |  |  | 341 |  |  | (986) |  |  | $ | 4,735 |
(1)Deductions primarily relates to allowance for doubtful accounts written off during the year, net of recoveries and other adjustments.
Schedule of Inventories | Inventories consisted of the following:
| December 31,
Dollars in thousands | 2023 |  | 2022
Finished goods | 196,402 |  |  | $ | 172,088 |
Work in process | 74,035 |  |  | 70,598 |
Raw materials | 119,171 |  |  | 81,897 |
Total inventories, net | $ | 389,608 |  |  | $ | 324,583 |
Schedule of Property, Plant and Equipment Balances and Corresponding Lives | Property, plant and equipment balances and corresponding lives were as follows:
| December 31, |  |
Dollars in thousands | 2023 |  | 2022 |  | Useful Lives
Land | $ | 978 |  |  | $ | 966 |  |  |
Buildings and building improvements | 14,859 |  |  | 14,710 |  |  | 5-40 years
Leasehold improvements | 171,062 |  |  | 163,342 |  |  | 1-20 years
Machinery and production equipment | 198,127 |  |  | 182,730 |  |  | 3-20 years
Demonstration equipment | 3,896 |  |  | 3,792 |  |  | 4-5 years
Information systems and hardware | 160,899 |  |  | 151,330 |  |  | 1-7 years
Furniture, fixtures, and office equipment | 20,549 |  |  | 20,286 |  |  | 1-15 years
Construction-in-progress | 137,276 |  |  | 103,875 |  |  |
Total | 707,646 |  |  | 641,031 |  |  |
Less: Accumulated depreciation | (367,447) |  |  | (329,729) |  |  |
Property, plant and equipment, net | $ | 340,199 |  |  | $ | 311,302 |  |  |
Restructuring and Related Costs | The following table summarizes the restructuring related accrual balances included within accrued expenses and other current liabilities in the consolidated balance sheet for the year ended December 31, 2023 and 2022.
|  | Years Ended December 31,
(Dollars in thousands) |  | 2023 |  | 2022
Balance, beginning of the year |  | $ | 5,107 |  |  | $ | 10,226 |
Charges: |  |  |  |
Cost of Goods Sold |  | — |  |  | 1,494 |
Research and development |  | — |  |  | 72
Selling, general and administrative |  | 1,048 |  |  | 5,582 |
Payments and other adjustments |  | (4,042) |  |  | (12,267) |
Balance, end of the year |  | $ | 2,113 |  |  | $ | 5,107 |

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

X
- Definition Tabular disclosure of allowance for credit loss on accounts receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_AccountsReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-1 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(6)(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483489/210-10-50-1 + Details
Name: | us-gaap_ScheduleOfInventoryCurrentTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration