XML 52 R34.htm IDEA: XBRL DOCUMENT v3.22.4
Supplementary Balance Sheet Information (Tables)
12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Inventories

Inventories

 

 

December 31,

 

 

2022

 

 

2021

 

Raw materials

$

118,292

 

 

$

84,038

 

Work-in-process

 

23,328

 

 

 

20,600

 

Finished goods

 

25,738

 

 

 

19,486

 

Demo and consigned inventory

 

639

 

 

 

1,533

 

Total inventories

$

167,997

 

 

$

125,657

 

 

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

 

December 31,

 

 

2022

 

 

2021

 

Cost:

 

 

 

 

 

Land, buildings and improvements

$

86,026

 

 

$

78,906

 

Machinery and equipment

 

110,212

 

 

 

98,687

 

Total cost

 

196,238

 

 

 

177,593

 

Accumulated depreciation

 

(93,052

)

 

 

(90,154

)

Property, plant and equipment, net

$

103,186

 

 

$

87,439

 

Summary of Depreciation Expense on Property, Plant and Equipment, Including Demo Units and Assets under Finance Leases

The following table summarizes depreciation expense on property, plant and equipment, including demo units and assets under finance leases (in thousands):

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

Depreciation expense

$

13,550

 

 

$

13,529

 

 

$

13,200

 

Accrued Expenses and Other Current Liabilities

The following table summarizes accrued expenses and other current liabilities as of the dates indicated (in thousands):

 

December 31,

 

 

2022

 

 

2021

 

Accrued compensation and benefits

$

35,501

 

 

$

24,725

 

Accrued contingent considerations and earn-outs

 

124

 

 

 

47,522

 

Finance lease obligations

 

668

 

 

 

599

 

Contract liabilities, current portion

 

8,128

 

 

 

6,995

 

Accrued warranty

 

5,127

 

 

 

4,783

 

Other

 

13,496

 

 

 

13,855

 

Total

$

63,044

 

 

$

98,479

 

Accrued Warranty

The following table summarizes changes in accrued warranty for the periods indicated (in thousands):

 

Year Ended December 31,

 

 

2022

 

 

2021

 

 

2020

 

Balance at beginning of year

$

4,783

 

 

$

4,919

 

 

$

5,756

 

Provision charged to cost of revenue

 

3,071

 

 

 

1,410

 

 

 

1,838

 

Warranty liabilities acquired from acquisitions

 

 

 

 

874

 

 

 

 

Use of provision

 

(2,615

)

 

 

(2,326

)

 

 

(2,805

)

Foreign currency exchange rate changes

 

(112

)

 

 

(94

)

 

 

130

 

Balance at end of year

$

5,127

 

 

$

4,783

 

 

$

4,919

 

Other Long Term Liabilities

The following table summarizes other long term liabilities as of the dates indicated (in thousands):

 

December 31,

 

 

2022

 

 

2021

 

Finance lease obligations

$

4,652

 

 

$

5,309

 

Accrued contingent considerations and earn-outs

 

301

 

 

 

3,402

 

Other

 

1,132

 

 

 

927

 

Total

$

6,085

 

 

$

9,638