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Commitment and Contingencies (Tables)
3 Months Ended
Mar. 31, 2021
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Product Warranty Liability The following table provides the changes in our product warranty reserve, which are included in accrued liabilities:

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

 

 

2021

 

 

2020

 

 

 

 

(in thousands)

 

 

Warranty, beginning of period

 

$

1,039

 

 

$

743

 

 

Warranty costs accrued

 

 

334

 

 

 

146

 

 

Settlements of warranty claims

 

 

(255

)

 

 

(177

)

 

Warranty, end of period

 

$

1,118

 

 

$

712

 

 

 

 

Components of the Right-of-Use Assets and Lease Liabilities

The components of the right-of-use assets and lease liabilities were as follows:

 

 

 

Balance Sheet Classification

 

March 31, 2021

 

 

 

 

 

(in thousands)

 

Right-of-use assets

 

Other assets

 

$

4,771

 

 

 

 

 

 

 

 

Lease liability obligations, current

 

Other current liabilities

 

$

840

 

Lease liability obligations, noncurrent

 

Other liabilities

 

 

4,951

 

Total lease liability obligations

 

 

 

$

5,791

 

Weighted-average remaining lease term (in years)

 

 

 

 

5.2

 

Weighted-average discount rate

 

 

 

 

3.75

%

Schedule of Future Minimum Rental Payments for Operating Leases

Approximate future minimum lease payments for the Company’s right of use assets over the remaining lease periods as of March 31, 2021, are as follows:

 

 

 

(in thousands)

 

2021

 

$

874

 

2022

 

 

846

 

2023

 

 

728

 

2024

 

 

737

 

2025

 

 

708

 

Thereafter

 

 

2,967

 

Total minimum payments

 

 

6,860

 

Less: Imputed interest

 

 

(1,069

)

Total

 

$

5,791