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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
Allowance for Credit Losses
(In thousands)Balance at
Credit Loss
Write-offBalance
Beginning
Expense
of Accountsat End of
Descriptionof period
(Reversal)
Receivable
Other(1)
Period
Year Ended December 31, 2021
$20,600 $(2,963)$(3,639)$49 $14,047 
Year Ended December 31, 2022
$14,047 $5,679 $(4,976)$(657)$14,093 
Year Ended December 31, 2023
$14,093 $3,765 $(2,884)$106 $15,080 
(1)Other primarily includes foreign currency adjustments.
Deferred Tax Asset Valuation Allowance
(In thousands)Balance atChargesBalance
Beginning
to Costs and
at end of
Descriptionof Period
Expenses(1)
Reversal(2)
Adjustments(3)
Period
Year Ended December 31, 2021
$191,854 $66,160 $(2,091)$(3,752)$252,171 
Year Ended December 31, 2022
$252,171 $22,065 $(81,398)$(12,108)$180,730 
Year Ended December 31, 2023
$180,730 $46,562 $(18,492)$(1,352)$207,448 
(1)The Company has recorded valuation allowances on deferred tax assets attributable to net operating losses in certain jurisdictions due to uncertainty of its ability to utilize these assets in future periods. During 2023, the Company recorded valuation allowances of $25.9 million and $20.7 million related to domestic deferred tax assets and foreign deferred tax assets, respectively.
(2)The Company reverses valuation allowances on deferred tax assets in the period in which, based on the weight of available evidence, it is more-likely-than-not that the deferred tax asset will be realized. In 2022, reversals were primarily driven by the classification change of permit intangible assets from indefinite-lived to finite-lived for financial reporting purposes.
(3)The Company has adjusted certain valuation allowances as a result of changes in tax rates in certain jurisdictions, the expiration of carryforward periods for net operating loss carryforwards, and foreign exchange rate movements.