(In thousands)

Balance at
beginning of
year

Charged to
costs and
expenses

Deductions

Balance at
end of
year

2025

Deferred tax valuation allowance

$

2,938

$

—

$

(1,598

)

$

1,340

Allowance for expected credit losses

$

974

$

591

$

(938

)

$

627

2024

Deferred tax valuation allowance

$

67,928

$

—

$

(64,990

)

$

2,938

Allowance for expected credit losses

$

610

$

2,118

$

(1,754

)

$

974

2023

Deferred tax valuation allowance

$

69,515

$

—

$

(1,587

)

$

67,928

Allowance for expected credit losses

$

318

$

620

$

(328

)

$

610