XML 52 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Inventories, Net and Significant Suppliers (Tables)
12 Months Ended
Dec. 31, 2017
Inventory Disclosure [Abstract]  
Schedule of Inventories, Net
Inventories, net were as follows:
 
 
December 31,
(In thousands)
2017
 
2016
Raw materials
$
43,638

 
$
33,059

Components
16,214

 
15,046

Work in process
1,847

 
5,860

Finished goods
105,178

 
80,119

Reserve for excess and obsolete inventory
(4,288
)
 
(4,205
)
Inventories, net
$
162,589

 
$
129,879

Schedule of Reserve for Excess and Obsolete Inventory
Changes in the reserve for excess and obsolete inventory were as follows:
 
Year Ended December 31,
(In thousands)
2017
 
2016
 
2015
Balance at beginning of period
$
4,205

 
$
3,045

 
$
2,539

Additions charged to costs and expenses (1)
3,685

 
3,464

 
3,070

Sell through (2)
(1,242
)
 
(1,116
)
 
(1,108
)
(Write-offs)/Foreign exchange effects
(2,360
)
 
(1,188
)
 
(1,456
)
Balance at end of period
$
4,288

 
$
4,205

 
$
3,045

 
(1) 
The additions charged to costs and expenses do not include inventory directly written-off that was scrapped during production totaling $0.4 million, $0.3 million, and $0.3 million for the years ended December 31, 2017, 2016, and 2015, respectively. These amounts are production waste and are not included in management’s reserve for excess and obsolete inventory.
(2) 
These amounts represent the reversal of reserves associated with inventory items that were sold during the period.
Schedule of Significant Supplier Transactions
We purchase integrated circuits, components and finished goods from multiple sources. Purchases from the following supplier totaled more than 10% of our total inventory purchases:
 
Year Ended December 31,
 
2017
 
2016
 
2015 (1)
 
$ (thousands)
 
% of Total
Inventory Purchases
 
$ (thousands)
 
% of Total
Inventory Purchases
 
$ (thousands)
 
% of Total
Inventory Purchases
Texas Instruments
$
42,058

 
10.0
%
 
$
42,370

 
11.7
%
 
$

 
%

(1) No single supplier provided more than 10% of our total inventory purchases during the year ended December 31, 2015.
Schedule of Related Party Transactions
Inventory purchases from this supplier were as follows:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
$ (thousands)
 
% of Total Inventory Purchases
 
$ (thousands)
 
% of Total Inventory Purchases
 
$ (thousands)
 
% of Total Inventory Purchases
Related party supplier
$
5,217

 
1.2
%
 
$
6,350

 
1.8
%
 
$
8,550

 
2.5
%
Total accounts payable to this supplier were as follows:
 
December 31,
 
2017
 
2016
 
$ (thousands)
 
% of Accounts Payable
 
$ (thousands)
 
% of Accounts Payable
Related party supplier
$
1,500

 
1.3
%
 
$
1,690

 
1.7
%