Extended Maintenance Contracts (Tables)

9 Months Ended

Sep. 30, 2024

Extended Maintenance Contracts

Schedule of accrual for loss contracts

The following table shows the roll forward of balances in the accrual for loss contracts, including changes due to the provision for loss accrual, releases to service cost of sales, increase to loss accrual related to customer warrants, and foreign currency translation adjustment (in thousands):

	Nine months ended		Year ended
	September 30, 2024		December 31, 2023
Beginning balance	$	137,853	$	81,066
Provision for loss accrual		37,997		85,375
Releases to service cost of sales		(38,823)		(29,713)
Increase to loss accrual related to customer warrants		268		971
Foreign currency translation adjustment		214		154
Ending balance	$	137,509	$	137,853