Annual report pursuant to Section 13 and 15(d)

FINANCING RECEIVABLES (Tables)

v3.20.4
FINANCING RECEIVABLES (Tables)
12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
Schedule of financed receivables including installment receivable amounts which are due subsequent to one year
FINANCING RECEIVABLES
At December 31,   2020     2019  
(in thousands)            
Gross financing receivables, short-term   $ 25,013     $ 23,942  
Gross financing receivables, long-term     40,121       32,076  
Allowance for expected credit losses     (3,231 )     (2,959 )
Net financing receivables   $ 61,903     $ 53,059  
The allowance for expected credit losses related to financing receivables

The allowance for expected credit losses related to financing receivables was as follows

FINANCING RECEIVABLES (Details 2)
At December 31,   2020     2019  
(in thousands)            
Balance, beginning of period   $ 2,959     $ 3,381  
Additions to allowance     2,837       2,179  
Charge-offs, net of recoveries     (2,565 )     (2,601 )
Balance, end of period   $ 3,231     $ 2,959  
summary of the past due financing receivables

The following is a summary of the past due financing receivables:

FINANCING RECEIVABLES (Details 3)
At December 31,   2020     2019  
(in thousands)            
30-59 days past due   $ 2,215     $ 1,427  
60-89 days past due     1,063       751  
90 days or more past due     1,745       1,412  
Total   $ 5,023     $ 3,590  
summary of percentage of gross financing receivables

The following is a summary of percentage of gross financing receivables:

FINANCING RECEIVABLES (Details 4)
At December 31,   2020     2019  
Current     92.3%       93.7%  
30-59 days past due     3.4%       2.5%  
60-89 days past due     1.6%       1.3%  
90 days or more past due     2.7%       2.5%  
Total     100.0%       100.0%