The following table provides details of the Company’s reserve for doubtful receivables:
Year ended
Nine months ended
December 31, 2016
September 30, 2017
Opening balance as of January 1
$
11,530
15,519
Additions due to acquisitions
-
235
Additions charged to cost and expense
7,282
4,871
Deductions/effect of exchange rate fluctuations
(3,293
)
(49
Closing balance
20,576
It discloses the balance of reserve for doubtful receivables at the beginning of the reporting period, further reserve created/reversed and balance of reserve for doubtful receivables at the end of the reporting period.
No definition available.