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SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II: VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
 
  Additions  
DescriptionBalance at
Beginning of
Year		Charged as a
Reduction to
Revenue
Deductions(1)
Balance at
End of
Year (2)
Sales & return allowances, discounts, chargebacks and rebates:    
Year ended December 31, 2023$50,312 84,340 (75,606)$59,046 
Year ended December 31, 2022$53,600 103,371 (106,659)$50,312 
 
DescriptionBalance at
Beginning of
Year		AdditionsDeductionsBalance at
End of
Year
Deferred tax asset valuation allowance:    
December 31, 2023 (3)
$12,524 $303,943 $— $316,467 
December 31, 2022 (4)
$101,775 $— $(89,251)$12,524 

(1)Deductions to sales discounts and allowances relate to discounts or allowances, returns, chargebacks and rebates actually taken or paid.
(2)Balance includes allowances for cash discounts for prompt payment of $0.9 million as of both December 31, 2023 and 2022, which are recognized in Accounts receivable, net on the Company’s Consolidated Balance Sheets.
(3)The Company increased the valuation allowance by $303.9 million during 2023. The significant increase is primarily attributable to the uncertainty in the projected availability of future taxable income from pre-tax income forecasts and reversing taxable temporary differences.
(4)The Company decreased the valuation allowance by $89.3 million during 2022.