XML 34 R19.htm IDEA: XBRL DOCUMENT v3.22.0.1
Investment in Other Affiliates
12 Months Ended
Dec. 31, 2021
Investments in and Advances to Affiliates, Schedule of Investments [Abstract]  
Investment in Other Affiliates Investment in Other Affiliates The Company has certain investments in nonmarketable securities of strategic companies. The Company had $23.0 million and $7.5 million of such investments as of December 31, 2021 and 2020, respectively. These investments are recorded as a component of other long-term assets in the consolidated balance sheets.The Company impairs an investment and recognize a loss if and when events or circumstances indicate there is impairment in the investment that is other-than-temporary. The Company evaluates investments in nonmarketable securities for impairment utilizing level 3 fair value inputs. The Company recorded a $7.7 million impairment associated with a strategic investment during 2021. The impairment was recorded within other (income) expense, net in the consolidated statements of income.