| Schedule of Allowance For Credit Losses |
Below is a roll forward of the Company’s allowance for credit losses for the three and six months ended June 30, 2024 and 2023.
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Allowance for Credit Losses |
| (in thousands) |
Trade
Receivables |
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Financed
Receivables |
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Total
Receivables |
| Balance at December 31, 2023 |
$ |
15,797
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$ |
5,602
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$ |
21,399
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| Provision for expected credit losses |
4,823 |
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2,870 |
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7,693 |
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| Write-offs charged against the allowance |
(7,184) |
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(2,362) |
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(9,546) |
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| Recoveries collected |
1,428 |
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146 |
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1,574 |
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| Balance at March 31, 2024 |
$ |
14,864
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$ |
6,256
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$ |
21,120
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| Provision for expected credit losses |
4,503 |
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2,941 |
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7,444 |
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| Write-offs charged against the allowance |
(4,690) |
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(2,985) |
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(7,675) |
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| Recoveries collected |
1,423 |
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195 |
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1,618 |
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| Balance at June 30, 2024 |
$ |
16,100
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$ |
6,407
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$ |
22,507
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Allowance for Credit Losses |
| (in thousands) |
Trade
Receivables |
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Financed
Receivables |
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Total
Receivables |
| Balance at December 31, 2022 |
$ |
14,073 |
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$ |
4,968 |
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$ |
19,041 |
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| Provision for expected credit losses |
1,461 |
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2,435 |
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3,896 |
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| Write-offs charged against the allowance |
(4,687) |
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(1,927) |
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(6,614) |
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| Recoveries collected |
1,629 |
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— |
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1,629 |
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| Balance at March 31, 2023 |
$ |
12,476 |
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$ |
5,476 |
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$ |
17,952 |
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| Provision for expected credit losses |
3,185 |
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2,865 |
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6,050 |
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| Write-offs charged against the allowance |
(4,271) |
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(2,332) |
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(6,603) |
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| Recoveries collected |
1,349 |
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— |
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1,349 |
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| Balance at June 30, 2023 |
$ |
12,739 |
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$ |
6,009 |
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$ |
18,748 |
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