XML 26 R15.htm IDEA: XBRL DOCUMENT
v3.22.2

Inventories | 6 Months Ended
--- | ---
Jun. 30, 2022
Inventory Disclosure [Abstract] |
Inventories | (6) Inventories Components of inventories at June 30, 2022 and December 31, 2021 are summarized as follows:
(in thousands) | June 30, 2022 |  | December 31, 2021
Raw materials | $ | 32,985 |  |  | $ | 23,530 |
Work in process | 7,997 |  |  | 5,173 |
Finished goods and parts | 65,019 |  |  | 64,184 |
Inventories | $ | 106,001 |  |  | $ | 92,887 |
We record a reserve to the carrying value of our inventory to reflect the rapid technological change in our industry that impacts the market for our products. The inventory reserve was $16,041 and $16,509 as of June 30, 2022 and December 31, 2021, respectively. At June 30, 2022, our obligation to repurchase inventory, included in accrued and other liabilities on our condensed consolidated balance sheets, was $1,482, relating to the sale of inventory to an assembly manufacturer and we had a commitment of $5,775 with the assembling manufacturer to purchase certain materials and supplies they acquired from third parties. At June 30, 2022, inventory held at assemblers was $2,768. Additionally, $764 and $502 of inventory was transferred to property and equipment during the quarters ended June 30, 2022 and 2021, respectively. In the second quarter of 2022 we notified one of our contract manufacturers of our intent to terminate the manufacturing services arrangement and in-source the assembly and production process. The exit agreement was finalized in July 2022 and includes a $1,670 exit fee accrued in the second quarter of 2022 and the commitment to purchase $23,913 of inventory from the assembly manufacturer and $369 of fixed assets. Part of the inventory purchased was prepaid during previous quarters for $8,892 which resulted in a net payment of $17,060 in July 2022.

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

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI https://asc.fasb.org/topic&trid=2126998 + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration