v3.24.3
FINANCIAL STATEMENT DETAILS
 9 Months Ended
Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
FINANCIAL STATEMENT DETAILS FINANCIAL STATEMENT DETAILS
Cash and Cash Equivalents and Restricted Cash
The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the balance sheet to the total amounts shown in the statement of cash flows:
September 30, 2024December 31, 2023September 30, 2023December 31, 2022
(In thousands)
Cash and cash equivalents$395,230 $364,044 $366,825 $321,155 
Restricted cash included in other current assets80 — — 107 
Restricted cash included in other non-current assets258 257 371 371 
Restricted cash included in other non-current assets of discontinued operations— — — 503 
Total cash and cash equivalents, and restricted cash as shown on the statement of cash flows$395,568 $364,301 $367,196 $322,136 
Restricted cash included in “Other current assets” in the balance sheet at September 30, 2024 consists of residual cash held related to to the purchase of the remaining noncontrolling interests of a foreign subsidiary in the third quarter of 2024. See “Note 1—The Company and Summary of Significant Accounting Policies” for additional information. Restricted cash included in “Other current assets” in the balance sheet at December 31, 2022 primarily consisted of cash reserved to fund insurance claims.
Restricted cash included in “Other non-current assets” in the balance sheets for all periods presented above except September 30, 2023 primarily consisted of deposits related to leases.
Restricted cash included in “Other non-current assets” in the balance sheet at September 30, 2023 primarily consisted of cash reserved to fund consumer claims.
Credit Losses
The following table presents the changes in the allowance for credit losses for the nine months ended September 30, 2024 and 2023:
20242023
(In thousands)
Balance at January 1
$24,684 $38,846 
Current period provision for credit losses43,694 64,790 
Write-offs charged against the allowance for credit loss(52,767)(75,640)
Recoveries collected
3,544 3,986 
Other41 11 
Balance at September 30
$19,196 $31,993 
Accumulated Depreciation and Amortization
The following table provides the accumulated depreciation and amortization within the balance sheet:
Asset CategorySeptember 30, 2024December 31, 2023
 (In thousands)
Capitalized software, leasehold improvements, and equipment$253,408 $215,357 
Intangible assets$89,559 $89,229 
Other income, net
Three Months Ended September 30,Nine Months Ended September 30,
 2024202320242023
 
Interest income$5,094 $4,870 $14,889 $12,441 
Other885 (980)144 440 
Other income, net$5,979 $3,890 $15,033 $12,881