Forgivable Loans (Tables)

9 Months Ended

Sep. 30, 2023

Forgivable Loans

Schedule of forgivable loan activity

The following table presents forgivable loan activity for the respective periods (in thousands):

	Fiscal Year-to-Date Period Ended		Fiscal Year Ended
	September 30, 2023		December 31, 2022
Beginning balance	$	56,456	$	48,591
Advances	21,342		34,984
Repayments	(616)		(25)
Reclassifications from accrued expenses or to other assets (1)	(1,200)		(2,192)
Amortization	(18,419)		(24,403)
Effects of foreign currency translation	81		(499)
Ending balance	$	57,644	$	56,456
Current portion of forgivable loans	$	10,428	$	9,666
Non-current portion of forgivable loans	$	47,216	$	46,790

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(1)Relates to the reclassification of performance awards previously recorded as accrued expenses or forgivable loans that have been reclassified to other receivables.