PRODUCT REVENUES, NET, ACCOUNTS RECEIVABLE AND RESERVES FOR PRODUCT REVENUES (Tables)

3 Months Ended

Mar. 31, 2023

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, 2022	$	417		$	67,493		$	3,343		$	23,445		$	94,698
Provision		2,827			30,488			3,572			14,567			51,454
Adjustments relating to prior years		—			(2,162	)		—			—			(2,162	)
Payments/credits		(3,244	)		(28,025	)		(3,389	)		(14,040	)		(48,698	)
Balance, as of March 31, 2023	$	—		$	67,794		$	3,526		$	23,972		$	95,292

	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			24,989			2,950			9,181			39,557
Adjustments relating to prior years		—			(849	)		—			30			(819	)
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

Summary of Total Reserves Included in Consolidated Balance Sheets

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

	As of March 31, 2023		As of December 31, 2022
	(in thousands)
Reduction to accounts receivable	$	26,600	$	25,914
Component of accrued expenses		68,692		68,784
Total reserves	$	95,292	$	94,698