Quarterly report pursuant to Section 13 or 15(d)

Receivables and Current Assets (Tables)

v3.22.2.2
Receivables and Current Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Receivables And Current Assets [Abstract]  
Summary of Company's Allowance for Expected Credit Losses

The following table provides a rollforward of the Company’s allowance for expected credit losses:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Beginning of period

 

$

2,487

 

 

$

2,934

 

 

$

2,508

 

 

$

2,916

 

Write-offs

 

 

(393

)

 

 

(532

)

 

 

(912

)

 

 

(2,085

)

Increase in provision

 

 

375

 

 

 

107

 

 

 

873

 

 

 

1,678

 

End of period

 

$

2,469

 

 

$

2,509

 

 

$

2,469

 

 

$

2,509

 
Summary of Major Classes of Other Current Assets

Major classes of other current assets consist of the following:

 

 

September 30, 2022

 

 

December 31, 2021

 

Prepaid expenses

 

$

19,656

 

 

$

13,434

 

Service receivables(1)

 

 

88

 

 

 

644

 

Other current receivables

 

 

4,815

 

 

 

1,804

 

Total other current assets

 

$

24,559

 

 

$

15,882

 
(1)
Service receivables contain receivables from Geneva Re, Ltd. Further information regarding related parties is detailed in Note 18, Related Parties.