Credit Losses

3 Months Ended

Mar. 31, 2024

Credit Loss [Abstract]

Credit Losses

7. Credit Losses

The Company is exposed to credit losses primarily through sales of products and services. Due to the short-term nature of such receivables, the estimate of the amount of accounts receivable that may not be collected is based on the aging of the accounts receivable balances and other historical and forward-looking information on the financial condition of customers. Balances are written off when determined to be uncollectible.

The following table provides a rollforward of the allowance for credit losses that is deducted from the amortized cost basis of accounts receivable to present the net amount expected to be collected.

	2024		2023
Balance at January 1	$	31,512	$	39,399
Provision for expected credit losses, net of recoveries	3,371		1,422
Amounts written off charged against the allowance	(917)		(727)
Other, including foreign currency translation	(484)		235
Balance at March 31	$	33,482	$	40,329