| Schedule of Allowance For Credit Losses |
Below is a roll forward of the Company’s allowance for credit losses for the three and nine months ended September 30, 2023, and 2022.
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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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| Provision for expected credit losses |
4,739 |
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2,799 |
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$ |
7,538 |
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| Write-offs charged against the allowance |
(5,582) |
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(2,731) |
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$ |
(8,313) |
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| Recoveries collected |
1,428 |
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— |
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$ |
1,428 |
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| Balance at September 30, 2023 |
$ |
13,324
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$ |
6,077
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$ |
19,401
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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, 2021 |
$ |
13,885 |
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$ |
3,985 |
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$ |
17,870 |
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| Provision for expected credit losses |
3,204 |
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1,054 |
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4,258 |
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| Write-offs charged against the allowance |
(4,248) |
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(1,189) |
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(5,437) |
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| Recoveries collected |
1,329 |
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— |
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1,329 |
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| Balance at March 31, 2022 |
$ |
14,170 |
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$ |
3,850 |
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$ |
18,020 |
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| Provision for expected credit losses |
2,350 |
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1,825 |
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4,175 |
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| Write-offs charged against the allowance |
(4,218) |
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(1,121) |
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(5,339) |
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| Recoveries collected |
1,364 |
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— |
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1,364 |
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| Balance at June 30, 2022 |
$ |
13,666 |
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$ |
4,554 |
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$ |
18,220 |
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| Provision for expected credit losses |
3,842 |
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1,316 |
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5,158 |
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| Write-offs charged against the allowance |
(5,095) |
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(970) |
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(6,065) |
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| Recoveries collected |
1,370 |
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— |
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1,370 |
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| Balance at September 30, 2022 |
$ |
13,783 |
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$ |
4,900 |
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$ |
18,683 |
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