Accounts receivable, net

9 Months Ended

Sep. 30, 2026

NOTE 3 — Accounts receivable, net

Receivables are presented net of allowances, which reflect the Company's expected credit losses based on historical experience as well as current and expected economic conditions. The following table presents changes in the allowance for credit losses:


	Nine months ended September 30,
In thousands	2026		2025
Beginning balance	$	13,600	$	13,596
Current period provision	4,524		5,259
Write-offs charged against the allowance	(6,886)		(7,008)
Recoveries of amounts previously written-off	1,013		1,214
Other	43		173

Ending balance	$	12,294	$	13,234

For the three and nine months ended September 30, 2026, the Company recorded $2.2 million and $4.5 million in bad debt expense, respectively. For the three and nine months ended September 30, 2025, the Company recorded $2.4 million and $5.3 million in bad debt expense, respectively. Bad debt expense is included in Selling, general and administrative expenses in the condensed consolidated statements of operations and comprehensive income (loss).