Balance Sheet Components

9 Months Ended

Sep. 30, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Balance Sheet Components

Balance Sheet Components

Balance sheet details are presented in the tables below:

	September 30, 2025		December 31, 2024
	(In thousands)
Inventories:
Raw materials	$	29,093	$	33,501
Work in process	2,257		1,515
Finished goods	76,079		53,643
Total inventories	$	107,429	$	88,659
Other current assets:
Funds held for customers, including restricted cash (1)	$	57,252	$	47,846
Deferred cost of sales	16,456		8,704
Net investment in sales-type leases, current portion	13,394		12,475
Prepaid income taxes	4,182		1,334
Other current assets	4,887		4,934
Total other current assets	$	96,171	$	75,293
Other long-term assets:
External-use software development costs, net	$	55,720	$	58,436
Unbilled receivables, net	3,355		7,873
Deferred debt issuance costs	2,359		2,940
Other long-term assets	8,655		10,057
Total other long-term assets	$	70,089	$	79,306
Accrued liabilities:
Operating lease liabilities, current portion	$	11,890	$	10,702
Customer fund liabilities	57,252		47,846
Advance payments from customers	11,060		12,760
Rebate liabilities	49,702		49,300
Taxes payable	3,980		11,443
Other accrued liabilities	31,458		35,844
Total accrued liabilities	$	165,342	$	167,895

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(1)    Includes restricted cash of $45.4 million and $29.4 million as of September 30, 2025 and December 31, 2024, respectively.

The Company capitalizes certain costs associated with cloud computing arrangements that are associated with service contracts, which are amortized using the straight-line method over the term of the arrangement. As of September 30, 2025 and December 31, 2024, capitalized costs associated with cloud computing arrangements, net of accumulated amortization, were $4.9 million and $5.0 million, respectively.

The following table summarizes the changes in accumulated balances of other comprehensive income (loss), which consisted of foreign currency translation adjustments:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(In thousands)
Beginning balance	$	(7,519)	$	(14,878)	$	(17,195)	$	(13,432)
Other comprehensive income (loss):	(1,737)		4,575		7,939		3,129
Ending balance	$	(9,256)	$	(10,303)	$	(9,256)	$	(10,303)