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

6 Months Ended

Jun. 30, 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		6,287			60,824			7,228			32,220			106,559
Adjustments relating to prior years		—			(3,437	)		—			—			(3,437	)
Payments/credits		(6,434	)		(45,592	)		(6,976	)		(24,820	)		(83,822	)
Balance, as of June 30, 2023	$	270		$	79,288		$	3,595		$	30,845		$	113,998

	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		5,642			52,589			6,192			19,386			83,809
Adjustments relating to prior years		—			(2,228	)		—			30			(2,198	)
Payments/credits		(6,232	)		(43,293	)		(5,639	)		(11,460	)		(66,624	)
Balance, as of June 30, 2022	$	209		$	67,574		$	3,351		$	14,319		$	85,453

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 June 30, 2023		As of December 31, 2022
	(in thousands)
Reduction to accounts receivable	$	33,574	$	25,914
Component of accrued expenses		80,424		68,784
Total reserves	$	113,998	$	94,698