Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2026

Summary of Activity in Allowance for Credit Loss

The following presents the activity in the allowance for credit losses by reportable segment for the nine months ended September 30, 2026 and 2025, respectively:


($ in thousands)	Commercial Services(1)		Government Solutions		Parking Solutions		Total
Balance at January 1, 2026	$	21,530	$	386	$	1,088	$	23,004
Credit loss expense	13,196		74		566		13,836
Write-offs, net of recoveries	(16,152)		(2)		1		(16,153)
Balance at September 30, 2026	$	18,574	$	458	$	1,655	$	20,687


($ in thousands)	Commercial Services(1)		Government Solutions		Parking Solutions		Total
Balance at January 1, 2025	$	16,038	$	332	$	648	$	17,018
Credit loss expense	17,280		186		911		18,377
Write-offs, net of recoveries	(11,812)		(133)		(369)		(12,314)
Balance at September 30, 2025	$	21,506	$	385	$	1,190	$	23,081

(1)This primarily consists of receivables from drivers of rental cars for which the Company bills on behalf of its customers. Receivables not collected from drivers within a defined number of days are transferred to customers subject to applicable bad debt sharing agreements. The allowance for credit losses for driver-billed receivables was 91% and 85% of the total Commercial Services allowance for credit losses as of September 30, 2026 and 2025, respectively.