XML 38 R25.htm IDEA: XBRL DOCUMENT v3.22.0.1
Guarantees
12 Months Ended
Dec. 31, 2021
Guarantees [Abstract]  
Guarantees The Company has utilized letters of credit to support certain obligations, primarily for office lease agreements and business license requirements for certain of its subsidiaries in Europe and Asia Pacific. The letters of credit were made to secure the respective agreements and are for the terms of the agreements, which extend through 2033. For each letter of credit issued, the Company would have use cash to fulfill the obligation if the subsidiary defaults on a lease payment. The maximum amount of undiscounted payments the Company would be required to make in the event of default on all outstanding letters of credit is approximately $4.6 million as of December 31, 2021. The Company has not accrued for these arrangements as no event of default exists or is expected to exist.