BASIS OF PRESENTATION (Tables)

3 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Restructuring and Related Costs

Restructuring liability activity for the three months ended March 31, 2022 were as follows:

(Dollars in thousands)	Amount
Balance at December 31, 2021	$	10,226
Charges:
Cost of Goods Sold	$	984
Research and development	79
Selling, general and administrative	195
Adjustments	$	(365)
Balance at March 31, 2022	$	11,119

Accounting Standards Update

The Company adopted this guidance on January 1, 2021 using the modified retrospective approach which resulted in a cumulative-effect adjustment that increased (decreased) the following consolidated balance sheet accounts:

Adjustment	Consolidated Balance Sheet Classification	Amount (in millions)
Deferred tax impact of cumulative-effect adjustment	Deferred tax liabilities	$	(20.6)
Debt discount reclassification	Long-term convertible securities	89.1
Equity issuance costs reclassification	Long-term convertible securities	(2.5)
Debt discount amortization and equity costs reclassification, net of tax	Retained Earnings	(2.8)
Net impact of cumulative-effect adjustment	Additional paid-in capital	(63.3)