The changes in allowances for estimated credit losses for the three and nine months ended September 28, 2024 and September 30, 2023 consisted of the following:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended |
|
Three Months Ended |
(In thousands) |
September 28, 2024 |
|
September 30, 2023 |
|
September 28, 2024 |
|
September 30, 2023 |
Balance at Beginning of the Period |
$ |
9,193 |
|
|
$ |
2,630 |
|
|
$ |
1,495 |
|
|
$ |
1,725 |
|
Bad Debt Expense, Net of Recoveries |
1,132 |
|
|
7,581 |
|
|
734 |
|
|
7,680 |
|
Write-off Charges Against the Allowance and Other Adjustments |
(7,982) |
|
|
(1,025) |
|
|
114 |
|
|
(219) |
|
Balance at End of the Period |
$ |
2,343 |
|
|
$ |
9,186 |
|
|
$ |
2,343 |
|
|
$ |
9,186 |
|
|