OTHER FINANCIAL STATEMENT INFORMATION

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

OTHER FINANCIAL STATEMENT INFORMATION

OTHER FINANCIAL STATEMENT INFORMATION

The following tables provide details of selected balance sheet components:

Accounts receivable, net:	As of
(in thousands)	June 30, 2023		December 31, 2022
Accounts receivable	$	121,605	$	110,576
Less: allowances for expected credit losses and sales returns	(2,402)		(2,149)
Total	$	119,203	$	108,427

Inventories:	As of
(in thousands)	June 30, 2023		December 31, 2022
Finished goods	$	60,843	$	65,308
Raw materials	43,367		46,081
Work-in-process	3,856		3,251
Service-related spares	5,521		6,309
Total	$	113,587	$	120,949

Prepaid expenses and other current assets:	As of
(in thousands)	June 30, 2023		December 31, 2022
Prepaid expenses	$	4,233	$	5,558
Contract assets	5,491		5,583
Other current assets	17,971		15,196
Total	$	27,695	$	26,337

Property and equipment, net:	As of
(in thousands)	June 30, 2023		December 31, 2022
Machinery and equipment	$	72,342	$	75,589
Capitalized software	27,421		30,588
Leasehold improvements	39,495		39,199
Furniture and fixtures	2,596		2,739
Construction-in-progress	2,308		2,691
Property and equipment, gross	144,162		150,806
Less: accumulated depreciation and amortization	(106,536)		(110,992)
Total	$	37,626	$	39,814

Other current liabilities:	As of
(in thousands)	June 30, 2023		December 31, 2022
Accrued employee compensation and related expenses	$	24,271	$	29,675
Other	34,189		37,049
Total	$	58,460	$	66,724