ACCOUNTS RECEIVABLE AND RESERVES FOR PRODUCT SALES (Tables)

3 Months Ended

Mar. 31, 2022

Receivables, Net, Current [Abstract]

Summary of Change in Reserves for Discounts and Allowances

The following tables summarize an analysis of the change in reserves for discounts and allowances for each of the periods indicated:

	Chargebacks			Rebates			Prompt Pay			Other Accruals			Total
	(in thousands)
Balance, as of December 31, 2021	$	799		$	60,506		$	2,798		$	6,363		$	70,466
Provision		2,437			24,140			2,950			9,211			38,738
Payments/credits		(2,906	)		(16,563	)		(2,645	)		(4,182	)		(26,296	)
Balance, as of March 31, 2022	$	330		$	68,083		$	3,103		$	11,392		$	82,908

	Chargebacks			Rebates			Prompt Pay			Other Accruals			Total
	(in thousands)
Balance, as of December 31, 2020	$	2,281		$	41,771		$	1,949		$	4,969		$	50,970
Provision		2,085			14,907			1,844			3,191			22,027
Payments/credits		(3,969	)		(9,108	)		(1,432	)		(2,619	)		(17,128	)
Balance, as of March 31, 2021	$	397		$	47,570		$	2,361		$	5,541		$	55,869

Summary of Total Reserves Included in Consolidated Balance Sheets

The following table summarizes the total reserves included in the Company’s unaudited condensed consolidated balance sheets for the periods indicated:

	As of March 31, 2022		As of December 31, 2021
	(in thousands)
Reduction to accounts receivable	$	13,935	$	8,321
Component of accrued expenses		68,973		62,145
Total reserves	$	82,908	$	70,466