Charged

Balance at

(credited) to

Credited to

Balance at

beginning of

costs and

other

(Deductions)

end of

Description

the period

expenses

accounts

Adjustments (1)

the period

(in thousands)

Year ended December 31, 2025

Allowance for credit losses

$

1,266

$

582

$

—

$

(318

)

$

1,530

Tax valuation allowance

$

183,941

$

(3,710

)

$

4,463

$

—

$

184,694

Year ended December 31, 2024

Allowance for credit losses

$

1,353

$

(39

)

$

—

$

(48

)

$

1,266

Tax valuation allowance

$

187,291

$

(2,203

)

$

(1,147

)

$

—

$

183,941

Year ended December 31, 2023

Allowance for credit losses

$

2,682

$

(1,315

)

$

—

$

(14

)

$

1,353

Tax valuation allowance

$

190,198

$

(2,369

)

$

(538

)

$

—

$

187,291