Extended Maintenance Contracts (Tables)

6 Months Ended

Jun. 30, 2022

Extended Maintenance Contracts

Schedule of accrual for loss contracts

The following table shows the rollforward of balance in the accrual for loss contracts, including changes due to the provision for loss accrual, loss accrual from acquisition, releases to service cost of sales, and releases due to the provision for warrants (in thousands):

	Six months ended		Year ended
	June 30, 2022		December 31, 2021
Beginning balance	$	89,773	$	24,013
Provision for loss accrual		3,116		71,988
Loss accrual from acquisition		—		2,636
Releases to service cost of sales		(21,247)		(8,864)
Foreign currency translation adjustment		(103)		—
Ending balance	$	71,539	$	89,773