Composition of Certain Financial Statement Captions

12 Months Ended

Dec. 31, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Composition of Certain Financial Statement Captions

NOTE 4 – COMPOSITION OF CERTAIN FINANCIAL STATEMENT CAPTIONS

Other current assets consisted of the following (in thousands):


	December 31,
	2023		2022
Prepaid income tax	$	4,813	$	1,777
Prepaid expenses		19,913		20,001
Finished goods inventory		7,279		6,662
Other		6,869		13,734
Total	$	38,874	$	42,174

Property and equipment, net consisted of the following (in thousands):


	December 31,
	2023			2022
Equipment, furniture and other	$	78,357		$	78,976
Building and improvements		17,876			18,331
Land		5,300			5,300
Leasehold improvements		11,758			17,038
Total property and equipment		113,291			119,645
Less: Accumulated depreciation and amortization		(71,722	)		(71,818	)
Property and equipment, net	$	41,569		$	47,827

Due to the global downsizing of its real estate footprint, the Company vacated a number of its leased office facilities, resulting in the impairment of the leasehold improvements completed at those facilities. For the years ended December 31, 2023 and

2022, the Company recorded impairment charges of $0.4 million and $2.9 million on leasehold improvements, respectively. See Note 10—Leases for more detail.

Accrued liabilities consisted of the following (in thousands):


	December 31,
	2023		2022
Employee compensation and benefits	$	44,095	$	53,546
Accrued expenses		24,307		23,899
Current portion of operating lease liabilities		14,760		17,195
Third-party royalties		8,478		7,620
Accrued other taxes		6,464		1,285
Accrued income taxes		1,991		4,926
Other		9,866		1,543
Total	$	109,961	$	110,014

Accumulated other comprehensive loss (“AOCL”) consisted of the following (in thousands):


	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Cash Flow Hedges			Total
Balance at December 31, 2020	$	1,311		$	—		$	1,311
Other comprehensive loss before reclassification		(1,987	)		—			(1,987	)
Balance at December 31, 2021	$	(676	)	$	—		$	(676	)
Other comprehensive loss before reclassification		(3,349	)		(94	)		(3,443	)
Balance at December 31, 2022	$	(4,025	)	$	(94	)	$	(4,119	)
Other comprehensive income before reclassification		126			1,190			1,316
Amounts reclassified from AOCL into net loss		—			(62	)		(62	)
Net current period other comprehensive income		126			1,128			1,254
Balance at December 31, 2023	$	(3,899	)	$	1,034		$	(2,865	)