| FINANCIAL STATEMENT DETAILS |
FINANCIAL STATEMENT DETAILS Cash and Cash Equivalents and Restricted Cash The reconciliation of cash and cash equivalents and restricted cash reported within the accompanying consolidated balance sheet to the total amounts shown in the accompanying consolidated statement of cash flows is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 (a) | | December 31, 2024 (a) | | June 30, 2024 (a) (b) | | December 31, 2023 (b) | | (In thousands) | | Cash and cash equivalents | $ | 302,956 | | | $ | 325,276 | | | $ | 310,579 | | | $ | 301,372 | | | Restricted cash included in Prepaid expenses and other current assets | 228 | | | 217 | | | 240 | | | 64 | | | Total cash and cash equivalents and restricted cash as shown in the accompanying consolidated statement of cash flows | $ | 303,184 | | | $ | 325,493 | | | $ | 310,819 | | | $ | 301,436 | |
(a) Restricted cash included a deposit related to a lease. (b) Restricted cash included a deposit related to corporate credit cards.
Credit Losses The changes in the allowance for credit losses are as follows: | | | | | | | | | | | | | Six Months Ended June 30, | | 2025 | | 2024 | | (In thousands) | | Balance at beginning of period | $ | 2,404 | | | $ | 2,728 | | | Provision for credit losses | 535 | | | 30 | | | Write-offs charged against the allowance | (851) | | | (988) | | | Recoveries collected | 148 | | | 451 | | | Currency translation adjustment | — | | | (1) | | | Balance at end of period | $ | 2,236 | | | $ | 2,220 | |
Accumulated Amortization and Depreciation Accumulated amortization and depreciation within the accompanying consolidated balance sheet are as follows: | | | | | | | | | | | | | Asset Category | June 30, 2025 | | December 31, 2024 | | | (In thousands) | | ROU assets, included in Other non-current assets | $ | 20,979 | | | $ | 18,888 | | | Cloud computing costs, included in Other non-current assets | $ | 535 | | | $ | 304 | | | Leasehold improvements and equipment | $ | 661 | | | $ | 564 | | | Intangible assets with definite lives | $ | 49,751 | | | $ | 49,021 | |
Other income, net The components of "Other income, net" are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | (In thousands) | | Interest income | 2,873 | | | 3,760 | | | $ | 5,901 | | | $ | 7,431 | | | Foreign exchange (losses) gains, net | $ | (360) | | | $ | 121 | | | (807) | | | 266 | | | | | | | | | | | | | | | | | | | Other income, net | $ | 2,513 | | | $ | 3,881 | | | $ | 5,094 | | | $ | 7,697 | |
Geographic Concentrations Tangible long-lived assets at June 30, 2025 and December 31, 2024 relate to "Leasehold improvements and equipment, net." | | | | | | | | | | | | | June 30,
2025 | | December 31,
2024 | | (In thousands) | | Leasehold improvements and equipment, net: | | | | | United States | $ | 419 | | | $ | 346 | | | All other countries | 94 | | | 110 | | | Total | $ | 513 | | | $ | 456 | |
|