INTEREST AND OTHER (INCOME) EXPENSE, NET

12 Months Ended

Dec. 31, 2020

Other Income and Expenses [Abstract]

INTEREST AND OTHER (INCOME) EXPENSE, NET

INTEREST AND OTHER EXPENSE (INCOME), NET

Interest and other expense (income), net, consisted of the following (in thousands):

	Year Ended December 31,
	2020		2019		2018
Interest income	$	(607)	$	(661)	$	(261)
Interest expense1	6,374		3,089		310
Other (income) expense, net	(166)		482		(62)
Interest and other expense (income), net	$	5,601	$	2,910	$	(13)

1 Refer to Note 1. Summary of Significant Accounting Policies relating to an immaterial out of period error correction of non-cash interest identified and recorded during the fourth fiscal quarter of 2020.

Cash paid for interest was $3.2 million, $0.4 million and $0.2 million for the years ended December 31, 2020, 2019 and 2018, respectively.