COMPONENTS OF THE COMPANY'S CONDENSED CONSOLIDATED BALANCE SHEETS

3 Months Ended

Mar. 31, 2021

Balance Sheet Related Disclosures [Abstract]

COMPONENTS OF THE COMPANY'S CONDENSED CONSOLIDATED BALANCE SHEETS

3. COMPONENTS OF THE COMPANY’S CONDENSED CONSOLIDATED BALANCE SHEETS:

Accounts Receivable

	March 31,		December 31,
(In thousands)	2021		2020
Accounts receivable trade	$	73,382	$	66,703
Allowance for ship and debit		(25,814)		(26,435)
Allowance for stock rotation and rebate		(4,886)		(3,931)
Allowance for credit losses		(425)		(427)
Total	$	42,257	$	35,910

The Company maintains an allowance for estimated credit losses resulting from the inability of customers to make required payments. This allowance is established using estimates formulated by the Company’s management based upon factors such as the composition of the accounts receivable aging, historical losses, changes in payments patterns, customer creditworthiness, and current economic trends. Receivables determined to be uncollectible are written off and deducted from the allowance.

	Allowance for Credit Losses
	Three Months Ended
	March 31,
(In thousands)	2021		2020
Beginning balance	$	(427)	$	(763)
Provision for credit loss expense		(217)		—
Receivables written off		—		154
Recoveries collected		219		—
Ending balance	$	(425)	$	(609)

Inventories

	March 31,		December 31,
(In thousands)	2021		2020
Raw materials	$	27,042	$	32,131
Work-in-process		37,319		39,469
Finished goods		26,148		31,278
Total	$	90,509	$	102,878

Intangible Assets

	March 31, 2021						December 31, 2020
			Accumulated						Accumulated
(In thousands)	Gross		Amortization		Net		Gross		Amortization		Net
Domain name	$	1,261	$	—	$	1,261	$	1,261	$	—	$	1,261
Developed technology		37,960		(29,882)		8,078		37,960		(29,126)		8,834
Customer relationships		16,700		(15,901)		799		16,700		(15,687)		1,013
Technology licenses		1,926		(590)		1,336		1,926		(528)		1,398
Total intangible assets	$	57,847	$	(46,373)	$	11,474	$	57,847	$	(45,341)	$	12,506

The estimated future amortization expense related to finite-lived intangible assets at March 31, 2021, is as follows:

	Estimated
	Amortization
Fiscal Year	(In thousands)
2021 (remaining nine months)	$	2,462
2022		2,415
2023		2,173
2024		1,279
2025		832
Thereafter		1,052
Total	$	10,213

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss for three months ended March 31, 2021 and 2020, were as follows:

	Unrealized Gains
	and Losses on				Defined Benefit						Foreign Currency
	Marketable Securities				Pension Items						Items				Total
	Three Months Ended				Three Months Ended						Three Months Ended				Three Months Ended
	March 31,				March 31,						March 31,				March 31,
(In thousands)	2021		2020		2021			2020			2021		2020		2021		2020
Beginning balance	$	890	$	583	$	(1,641)		$	(2,484)		$	(1,412)	$	(1,229)	$	(2,163)	$	(3,130)
Other comprehensive income (loss) before reclassifications		(580)		(952)		—			—			(18)		(283)		(598)		(1,235)
Amounts reclassified from accumulated other comprehensive loss		—		—		(75)	(1)		51	(1)		—		—		(75)		51
Net-current period other comprehensive income (loss)		(580)		(952)		(75)			51			(18)		(283)		(673)		(1,184)
Ending balance	$	310	$	(369)	$	(1,716)		$	(2,433)		$	(1,430)	$	(1,512)	$	(2,836)	$	(4,314)

(1) This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost for the three months ended March 31, 2021 and 2020.