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ALLOWANCE FOR DOUBTFUL ACCOUNTS
12 Months Ended
Dec. 31, 2023
Allowance for Doubtful Accounts  
Allowance for doubtful accounts

NOTE 3 – ALLOWANCE FOR DOUBTFUL ACCOUNTS

The following table identifies the changes in the Company’s allowance for doubtful accounts included in “Accounts receivable” on the accompanying Consolidated Balance Sheets as of December 31, 2023 and 2022 (in thousands):

2023

2022

Allowance for doubtful accounts, balance at January 1

$

14,695

$

11,870

Reserve accruals

 

7,261

 

6,718

Uncollectable accounts written-off

(6,226)

(3,928)

Foreign currency translation

 

104

 

35

Allowance for doubtful accounts, balance at December 31

$

15,834

$

14,695