v3.26.1
Purchased Receivables (Tables)
6 Months Ended
Jun. 30, 2026
Purchased Receivables [Abstract]  
Summary of Components of Net Purchased Receivables
The following table summarizes the components of net purchased receivables for the dates indicated:
(In Thousands)June 30, 2026December 31, 2025
Purchased receivables$123,402 $101,642 
Allowance for credit losses - purchased receivables(610)— 
Total$122,792 $101,642 
Changes in the ACL on Purchased Receivables
The following table sets forth information regarding changes in the ACL on purchased receivables for the periods indicated:

Three Months Ended June 30,Six Months Ended June 30,
(In Thousands)2026202520262025
Balance at beginning of period$— $3,695 $— $3,649 
   Charge-offs— (281)— (281)
   Recoveries— — — 
Charge-offs net of recoveries— (281)(281)
Foreign currency translation adjustment(15)— (15)— 
Provision for purchased receivables625 18 620 64 
Balance at end of period$610 $3,432 $610 $3,432