Trade accounts receivables are recorded at their face amount, less an allowance for expected losses on doubtful accounts. The allowance for doubtful accounts is calculated based on customer-specific analysis and an aging methodology using historical loss information. The Company believes historical loss information is a reasonable basis for expected credit losses as the Company’s historical credit loss experience correlates with its customer delinquency status. This information is also adjusted for any known current economic conditions. Forecasted economic conditions have not had a significant impact on the current credit loss estimate due to the short-term nature of the Company’s customer receivables; however, the Company will continue to monitor and evaluate the rapidly changing economic conditions. Additionally, as the Company only has one portfolio segment, there are not different risks between portfolios. Specific accounts are written off against the allowance for doubtful accounts when the receivable is deemed no longer collectible.

(In thousands) Three Months Ended March 31, 2026	Allowance for Doubtful Accounts
Balance at December 31, 2025	$	5,128
Provision for expected credit losses		478
Accounts written off		(281	)
Translation and other activity		(6	)
Balance at March 31, 2026	$	5,319

(In thousands) Three Months Ended March 31, 2025	Allowance for Doubtful Accounts
Balance at December 31, 2024	$	5,023
Provision for expected credit losses		354
Accounts written off		(291	)
Translation and other activity		119
Balance at March 31, 2025	$	5,205