XML 35 R24.htm IDEA: XBRL DOCUMENT v3.22.1
Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Accounting Policies [Abstract]  
Summary of Concentration of Credit Risk Revenue from the single Government Solutions customer exceeding 10% of total revenue is presented below:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

City of New York Department of Transportation

 

 

19.3

%

 

 

24.4

%

 

T

Significant customer revenue concentrations generated through the Company’s Commercial Services partners as a percent of total revenue are presented below:

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Hertz Corporation

 

 

11.1

%

 

 

13.8

%

Avis Budget Group, Inc.

 

 

11.4

%

 

 

11.2

%

Enterprise Holdings, Inc.

 

 

9.0

%

 

 

14.5

%

Summary of Activity in Allowance for Credit Loss The following presents the activity in the allowance for credit losses for the three months ended March 31, 2022 and 2021, respectively:

 

($ in thousands)

 

Commercial Services
(Driver-billed)
(1)

 

 

Commercial
Services
(All other)

 

 

Government Solutions

 

 

Parking Solutions

 

 

Total

 

Balance at January 1, 2022

 

$

5,397

 

 

$

3,092

 

 

$

3,649

 

 

$

 

 

$

12,138

 

Credit loss expense

 

 

2,868

 

 

 

246

 

 

 

232

 

 

 

159

 

 

 

3,505

 

Write-offs, net of recoveries

 

 

(1,221

)

 

 

(15

)

 

 

 

 

 

(108

)

 

 

(1,344

)

Balance at March 31, 2022

 

$

7,044

 

 

$

3,323

 

 

$

3,881

 

 

$

51

 

 

$

14,299

 

 

($ in thousands)

 

Commercial Services
(Driver-billed)
(1)

 

 

Commercial
Services
(All other)

 

 

Government Solutions

 

 

Total

 

Balance at January 1, 2021

 

$

3,210

 

 

$

4,277

 

 

$

3,984

 

 

$

11,471

 

Credit loss expense

 

 

2,252

 

 

 

143

 

 

 

7

 

 

 

2,402

 

Write-offs, net of recoveries

 

 

(1,722

)

 

 

2

 

 

 

(21

)

 

 

(1,741

)

Balance at March 31, 2021

 

$

3,740

 

 

$

4,422

 

 

$

3,970

 

 

$

12,132