XML 50 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Inventories, Net and Significant Suppliers (Tables)
12 Months Ended
Dec. 31, 2018
Inventory Disclosure [Abstract]  
Inventories, Net
Inventories, net were as follows:
 
December 31,
(In thousands)
2018
 
2017
Raw materials
$
68,834

 
$
43,638

Components
25,071

 
16,214

Work in process
5,577

 
1,847

Finished goods
50,006

 
105,178

Reserve for excess and obsolete inventory
(5,138
)
 
(4,288
)
Inventories, net
$
144,350

 
$
162,589

Changes in Reserve for Excess and Obsolete Inventory
Changes in the reserve for excess and obsolete inventory were as follows:
 
Year Ended December 31,
(In thousands)
2018
 
2017
 
2016
Balance at beginning of period
$
4,288

 
$
4,205

 
$
3,045

Additions charged to costs and expenses (1)
6,702

 
3,685

 
3,464

Sell through (2)
(1,825
)
 
(1,242
)
 
(1,116
)
(Write-offs)/Foreign exchange effects
(4,027
)
 
(2,360
)
 
(1,188
)
Balance at end of period
$
5,138

 
$
4,288

 
$
4,205

(1) 
The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $2.0 million, $0.4 million, and $0.3 million for the years ended December 31, 2018, 2017, and 2016, respectively. These amounts are production waste and are not included in management’s reserve for excess and obsolete inventory.
(2) 
These amounts represent the reversal of reserves associated with inventory items that were sold during the period.
Purchases from Significant Suppliers
We purchase integrated circuits, components and finished goods from multiple sources. Purchases from the following supplier totaled more than 10% of our total inventory purchases:
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
$ (thousands)
 
% of Total
Inventory Purchases
 
$ (thousands)
 
% of Total
Inventory Purchases
 
$ (thousands)
 
% of Total
Inventory Purchases
Texas Instruments

(1) 
(1) 
$
42,058

 
10.0
%
 
$
42,370

 
11.7
%

(1) Purchases associated with this supplier did not total more than 10% of our total inventory purchases for the indicated period.