Redeemable Noncontrolling Interests (Tables)

12 Months Ended

Dec. 31, 2022

Redeemable Noncontrolling Interests

Components of the change in redeemable noncontrolling interests

The components of the change in redeemable noncontrolling interests for the years ended December 31, 2022 and 2021 are presented in the following table (in thousands):

Balance as of January 1, 2021	$	47,563
Increase in redeemable noncontrolling interests due to issuance of Tongmei's common stock		1,514
Increase in redeemable noncontrolling interests due to transfer of subsidiary with noncontrolling interests		1,241
Increase in redeemable noncontrolling interests due to formation of new subsidiary with noncontrolling interests		132
Equity issuance costs incurred		(2,591)
Stock-based compensation attributable to redeemable noncontrolling interests		40
Net income attributable to redeemable noncontrolling interests		889
Effect of foreign currency translation attributable to redeemable noncontrolling interests		279
Effect of foreign currency translation on redeemable noncontrolling interests		1,318
Balance as of December 31, 2021		50,385
Investment in subsidiary with redeemable noncontrolling interest		471
Equity issuance costs incurred		(2,699)
Stock-based compensation attributable to redeemable noncontrolling interests		(36)
Net income attributable to redeemable noncontrolling interests		1,598
Effect of foreign currency translation on redeemable noncontrolling interests		(3,962)
Effect of foreign currency translation attributable to redeemable noncontrolling interests		(911)
Balance as of December 31, 2022	$	44,846