COMPONENTS OF THE COMPANY'S CONDENSED CONSOLIDATED BALANCE SHEETS

6 Months Ended

Jun. 30, 2020

Balance Sheet Related Disclosures [Abstract]

Supplemental Balance Sheet Disclosures

COMPONENTS OF THE COMPANY’S CONDENSED CONSOLIDATED BALANCE SHEETS:

Accounts Receivable

(In thousands)	June 30, 2020		December 31, 2019
Accounts receivable trade	$	53,118	$	61,036
Allowance for ship and debit	(37,143)		(33,475)
Allowance for stock rotation and rebate	(2,494)		(2,524)
Allowance for credit losses	(609)		(763)
Total	$	12,872	$	24,274

The Company maintains an allowance for estimated credit losses resulting from the inability of customers to make required payments. This allowance is established using estimates formulated by the Company’s management based upon factors such as the composition of the accounts receivable aging, historical losses, changes in payments patterns, customer creditworthiness, and current economic trends. Receivables determined to be uncollectible are written off and deducted from the allowance.

	Allowance for Credit Losses
	Three Months Ended		Six Months Ended
(In thousands)	June 30, 2020		June 30, 2020
Beginning balance	$	(609)	$	(763)
Provision for credit loss expense	—		—
Receivables written off	—		154
Recoveries collected	—		—
Ending balance	$	(609)	$	(609)

Inventories

(In thousands)	June 30, 2020		December 31, 2019
Raw materials	$	43,795	$	39,058
Work-in-process	33,588		25,982
Finished goods	26,580		25,340
Total	$	103,963	$	90,380

Prepaid Expenses and Other Current Assets

(In thousands)	June 30, 2020		December 31, 2019
Prepaid legal fees	$	172	$	16
Prepaid income tax	3,014		5,615
Prepaid maintenance agreements	2,017		819
Interest receivable	1,065		1,279
Advance to suppliers	3,877		3,579
Other	4,367		4,289
Total	$	14,512	$	15,597

Intangible Assets

	June 30, 2020						December 31, 2019
(In thousands)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Domain name	$	1,261	$	—	$	1,261	$	1,261	$	—	$	1,261
Developed technology	37,960		(27,529)		10,431		37,960		(25,933)		12,027
Customer relationships	16,700		(15,255)		1,445		20,030		(18,098)		1,932
Technology licenses	1,926		(405)		1,521		1,926		(281)		1,645
Total	$	57,847	$	(43,189)	$	14,658	$	61,177	$	(44,312)	$	16,865

The estimated future amortization expense related to finite-lived intangible assets at June 30, 2020, is as follows:

Fiscal Year	Estimated Amortization (In thousands)
2020 (remaining six months)	$	2,152
2021	3,494
2022	2,415
2023	2,173
2024	1,279
Thereafter	1,884
Total	$	13,397

Accumulated Other Comprehensive Loss

Changes in accumulated other comprehensive loss for three and six months ended June 30, 2020 and 2019, were as follows:

	Unrealized Gains and Losses on Marketable Securities				Defined Benefit Pension Items						Foreign Currency Items				Total
	Three Months Ended				Three Months Ended						Three Months Ended				Three Months Ended
	June 30,				June 30,						June 30,				June 30,
(In thousands)	2020		2019		2020			2019			2020		2019		2020		2019
Beginning balance	$	(369)	$	68	$	(2,433)		$	(696)		$	(1,512)	$	(733)	$	(4,314)	$	(1,361)
Other comprehensive income (loss) before reclassifications	2,566		257		—			—			(30)		(250)		2,536		7
Amounts reclassified from accumulated other comprehensive loss	—		—		58		(1)	18		(1)	—		—		58		18
Net-current period other comprehensive income (loss)	2,566		257		58			18			(30)		(250)		2,594		25
Ending balance	$	2,197	$	325	$	(2,375)		$	(678)		$	(1,542)	$	(983)	$	(1,720)	$	(1,336)

_______________

(1)  This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost for the three months ended June 30, 2020 and 2019.

	Unrealized Gains and Losses on Marketable Securities				Defined Benefit Pension Items						Foreign Currency Items				Total
	Six Months Ended				Six Months Ended						Six Months Ended				Six Months Ended
	June 30,				June 30,						June 30,				June 30,
(In thousands)	2020		2019		2020			2019			2020		2019		2020		2019
Beginning balance	$	583	$	(266)	$	(2,484)		$	(712)		$	(1,229)	$	(711)	$	(3,130)	$	(1,689)
Other comprehensive income (loss) before reclassifications	1,614		591		—			—			(313)		(272)		1,301		319
Amounts reclassified from accumulated other comprehensive loss	—		—		109		(1)	34		(1)	—		—		109		34
Net-current period other comprehensive income (loss)	1,614		591		109			34			(313)		(272)		1,410		353
Ending balance	$	2,197	$	325	$	(2,375)		$	(678)		$	(1,542)	$	(983)	$	(1,720)	$	(1,336)

_______________

(1)  This component of accumulated other comprehensive income (loss) is included in the computation of net periodic pension cost for the six months ended June 30, 2020 and 2019.