Note 18 - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

18. Valuation and qualifying accounts

The Company’s valuation and qualifying accounts for the years ended  December 31, 2024, 2023 and 2022 are as follows:

	Balance at		Additions
	beginning		charged to			Changes to			Balance at
	of year		earnings			reserve, net (1)			end of year
Year ended December 31, 2024
Allowance for credit losses	$	1,646	$	702		$	24		$	2,372
Valuation of deferred tax assets		2,005		-			(495	)		1,510
Year ended December 31, 2023
Allowance for credit losses	$	1,366	$	320		$	(40	)	$	1,646
Valuation of deferred tax assets		2,071		-			(66	)		2,005
Year ended December 31, 2022
Allowance for credit losses	$	2,970	$	(1,476	)	$	(128	)	$	1,366
Valuation of deferred tax assets		3,273		-			(1,202	)		2,071

(1) Increases (deductions) from the allowance for credit losses equal accounts receivable written off and increases related to acquired businesses, less recoveries, against the allowance. See Note 2 for additional information. Increases (deductions) to the valuation of deferred tax assets relate to the reversals due to changes in management’s judgments regarding the future realization of the underlying deferred tax assets.