RESTRUCTURING (Tables)

3 Months Ended

Mar. 31, 2023

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

The following pre-tax net amounts related to the 2020 Restructuring Initiative are included in the Company’s Condensed Consolidated Statements of Operations during the three months ended March 31, 2022 (in thousands):

	Three Months Ended March 31,
	2022
Net restructuring charges related to:
Accelerated depreciation	$	3,677
Inventory adjustments	766
Employee separation, continuity and other benefit-related costs	2,378
Certain other restructuring costs	574
Total	$	7,395

The following pre-tax net amounts related to the 2020 Restructuring Initiative are included in the Company’s Condensed Consolidated Statements of Operations during the three months ended March 31, 2022 (in thousands):

	Three Months Ended March 31,
	2022
Net restructuring charges included in:
Cost of revenues	$	3,259
Selling, general and administrative	1,156
Research and development	2,980
Total	$	7,395

The following pre-tax net amounts related to the 2022 Restructuring Initiative are included in the Company’s Condensed Consolidated Statements of Operations during the three months ended March 31, 2022 (in thousands):

	Three Months Ended March 31,
	2022
Net restructuring charges related to:
Inventory adjustments	$	1,557
Employee separation, continuity and other benefit-related costs	20,320
Certain other restructuring costs	7,555
Total	$	29,432

The following pre-tax net amounts related to the 2022 Restructuring Initiative are included in the Company’s Condensed Consolidated Statements of Operations during the three months ended March 31, 2022 (in thousands):

	Three Months Ended March 31,
	2022
Net restructuring charges included in:
Cost of revenues	$	12,115
Selling, general and administrative	13,626
Research and development	3,691
Total	$	29,432

Schedule of Restructuring Reserve by Type of Cost

Changes to the liability for the 2022 Restructuring Initiative during the three months ended March 31, 2023 were as follows (in thousands):

	Employee Separation, Continuity and Other Benefit-Related Costs
Liability balance as of December 31, 2022	$	14,997
Cash payments	(9,687)
Liability balance as of March 31, 2023	$	5,310