Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Accounting Policies [Abstract]

Property, Plant and Equipment

Property, plant and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the straight-line method over estimated useful lives generally as follows:

Buildings and improvements	10-40 years
Machinery and equipment	5-10 years
Furniture, computer hardware and equipment	3-5 years
Internal-use software	3-5 years
Production molds	2-5 years

Cash, Cash Equivalents and Restricted Cash

The following is a summary of cash, cash equivalents and restricted cash as of June 30, 2021 and December 31, 2020 (in thousands):

	June 30, 2021		December 31, 2020
Cash and cash equivalents	$	415,204	$	366,119
Restricted cash	2,469		—
Total cash, cash equivalents and restricted cash	$	417,673	$	366,119