Annual report pursuant to Section 13 and 15(d)

Balance Sheet Details (Tables)

v3.8.0.1
Balance Sheet Details (Tables)
12 Months Ended
Dec. 31, 2017
Balance Sheet Related Disclosures [Abstract]  
Cash, Cash Equivalents and Investments
Cash, cash equivalents, restricted cash and investments consist of the following:
 
December 31, 2017
 
December 31, 2016
 
(in thousands)
Cash and cash equivalents
$
71,872

 
$
81,086

Short-term restricted cash
1,476

 
614

Long-term restricted cash
1,064

 
1,196

Total cash, cash equivalents and restricted cash
74,412

 
82,896

Short-term investments

 
47,918

Long-term investments

 
5,991

 
$
74,412

 
$
136,805

Inventory
Inventory consists of the following:
 
December 31, 2017
 
December 31, 2016
 
(in thousands)
Work-in-process
$
21,823

 
$
13,947

Finished goods
31,611

 
12,636

 
$
53,434

 
$
26,583

Property and Equipment
Property and equipment consist of the following:
 
Useful Life
(in Years)
 
December 31, 2017
 
December 31, 2016
 
 
 
(in thousands)
Furniture and fixtures
5
 
$
2,105

 
$
1,983

Machinery and equipment
3 -5
 
33,462

 
27,028

Masks and production equipment
2
 
11,470

 
9,153

Software
3
 
4,695

 
3,625

Leasehold improvements
1 -5
 
14,340

 
11,635

Construction in progress
N/A
 
639

 
39

 
 
 
66,711

 
53,463

Less accumulated depreciation and amortization
 
 
(44,053
)
 
(32,914
)
 
 
 
$
22,658

 
$
20,549

Deferred Revenue and Deferred Profit
Deferred revenue and deferred profit consist of the following:
 
December 31, 2017
 
December 31, 2016
 
(in thousands)
Deferred revenue—rebates
$
156

 
$
464

Deferred revenue—distributor transactions
5,341

 
7,987

Deferred cost of net revenue—distributor transactions
(1,135
)
 
(2,460
)
 
$
4,362

 
$
5,991

Price Protection Liability
Accrued price protection liability consists of the following activity:
 
Years Ended December 31,
 
2017
 
2016
 
(in thousands)
Beginning balance
$
15,176

 
$
20,026

Charged as a reduction of revenue
46,520

 
43,931

Reversal of unclaimed rebates
(101
)
 
(1,303
)
Payments
(40,024
)
 
(47,478
)
Ending balance
$
21,571

 
$
15,176

Accrued Expenses
Accrued expenses and other current liabilities consist of the following:
 
December 31, 2017
 
December 31, 2016
 
(in thousands)
Accrued technology license payments
$
4,500

 
$
5,850

Accrued professional fees
1,497

 
1,620

Accrued engineering and production costs
2,378

 
1,232

Accrued restructuring
3,039

 
536

Accrued royalty
1,206

 
846

Accrued leases
1,105

 
1,560

Accrued customer credits
2,667

 
1,207

Other
3,914

 
3,507

 
$
20,306

 
$
16,358