| Schedule of allowance for credit losses |
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
|
|
Allowance for Credit Losses |
|
|
Trade |
|
Financed |
|
Total |
|
|
Receivables |
|
Receivables |
|
Receivables |
Balance at June 30, 2021 |
|
$ |
13,863 |
|
$ |
4,341 |
|
$ |
18,204 |
Provision for expected credit losses |
|
|
3,526 |
|
|
323 |
|
|
3,849 |
Write-offs charged against the allowance |
|
|
(5,163) |
|
|
(657) |
|
|
(5,820) |
Recoveries collected |
|
|
1,247 |
|
|
— |
|
|
1,247 |
Balance at September 30, 2021 |
|
$ |
13,473 |
|
$ |
4,007 |
|
$ |
17,480 |
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Credit Losses |
|
|
Trade |
|
Financed |
|
Total |
|
|
Receivables |
|
Receivables |
|
Receivables |
Balance at December 31, 2020 |
|
$ |
16,854 |
|
$ |
3,231 |
|
$ |
20,085 |
Provision for expected credit losses |
|
|
5,760 |
|
|
2,762 |
|
|
8,522 |
Write-offs charged against the allowance |
|
|
(12,912) |
|
|
(1,986) |
|
|
(14,898) |
Recoveries collected |
|
|
3,771 |
|
|
— |
|
|
3,771 |
Balance at September 30, 2021 |
|
$ |
13,473 |
|
$ |
4,007 |
|
$ |
17,480 |
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Credit Losses |
|
|
Trade |
|
Financed |
|
Total |
|
|
Receivables |
|
Receivables |
|
Receivables |
Balance at June 30, 2020 |
|
$ |
16,452 |
|
$ |
3,014 |
|
$ |
19,466 |
Provision for expected credit losses |
|
|
2,363 |
|
|
689 |
|
|
3,052 |
Write-offs charged against the allowance |
|
|
(3,502) |
|
|
(567) |
|
|
(4,069) |
Recoveries collected |
|
|
660 |
|
|
— |
|
|
660 |
Balance at September 30, 2020 |
|
$ |
15,973 |
|
$ |
3,136 |
|
$ |
19,109 |
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for Credit Losses |
|
|
Trade |
|
Financed |
|
Total |
|
|
Receivables |
|
Receivables |
|
Receivables |
Balance at December 31, 2019 |
|
$ |
16,699 |
|
$ |
2,959 |
|
$ |
19,658 |
Adoption of ASC 326 |
|
|
(3,330) |
|
|
— |
|
|
(3,330) |
Provision for expected credit losses |
|
|
10,843 |
|
|
1,977 |
|
|
12,820 |
Write-offs charged against the allowance |
|
|
(11,735) |
|
|
(1,800) |
|
|
(13,535) |
Recoveries collected |
|
|
3,496 |
|
|
— |
|
|
3,496 |
Balance at September 30, 2020 |
|
$ |
15,973 |
|
$ |
3,136 |
|
$ |
19,109 |
|