OTHER BALANCE SHEET DETAILS

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Inventory

The components of inventory are summarized as follows:


(In thousands)	As of September 30, 2024		As of December 31, 2023
Raw materials	$	22,365	$	23,346
Work in process	69,865		76,963
Finished goods	23,126		25,123
Total inventory	$	115,356	$	125,432

As of September 30, 2024 and December 31, 2023, we had $39.4 million and $36.3 million of long-term inventory, respectively, included within other assets in our condensed consolidated balance sheets as we anticipate it being consumed beyond our normal operating cycle.

Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within our condensed consolidated balance sheets that sum to the total of these amounts shown in the condensed consolidated statements of cash flows:


	As of September 30,
(In thousands)	2024		2023
Cash and cash equivalents	$	1,099,920	$	1,033,024
Total restricted cash included in other assets	2,578		2,186
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows	$	1,102,498	$	1,035,210

Accumulated Other Comprehensive (Loss) Income

The following tables summarize the changes in accumulated other comprehensive (loss) income, by component:


(In thousands)	Loss on Investment in Joint Venture		Defined Benefit Pension Plans		Unrealized Gains (Losses) from Debt Securities		Foreign Currency Translation Adjustment		Total Accumulated Other Comprehensive Loss
Balance as of December 31, 2023	$	(32,792)	$	(2,753)	$	1,548	$	10,622	$	(23,375)
Other comprehensive loss before reclassifications	—		—		(4)		(6,327)		(6,331)
Amounts reclassified from accumulated other comprehensive loss	—		93		4,787		—		4,880
Net other comprehensive (income) loss	—		93		4,783		(6,327)		(1,451)
Balance as of September 30, 2024	$	(32,792)	$	(2,660)	$	6,331	$	4,295	$	(24,826)


(In thousands)	Loss on Investment in Joint Venture		Defined Benefit Pension Plans		Unrealized (Losses) Gains from Debt Securities		Foreign Currency Translation Adjustment		Total Accumulated Other Comprehensive Loss
Balance as of December 31, 2022	$	(32,792)	$	(1,092)	$	(9,470)	$	(1,300)	$	(44,654)
Other comprehensive (loss) income before reclassifications	—		—		(10)		8,356		8,346
Amounts reclassified from accumulated other comprehensive loss	—		(19)		3,988		—		3,969
Net other comprehensive (loss) income	—		(19)		3,978		8,356		12,315
Balance as of September 30, 2023	$	(32,792)	$	(1,111)	$	(5,492)	$	7,056	$	(32,339)

Amounts reclassified out of accumulated other comprehensive (loss) income relate to settlements of marketable debt securities and amortization of our pension obligation which are recorded within other expense, net in the condensed consolidated statements of operations and comprehensive (loss) income.