Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2020

Summary of changes in allowance for doubtful accounts

The following table summarizes the changes in our allowance for doubtful accounts (in thousands):


	Nine Months Ended
	September 30,
		2020		2019
Balance at beginning of period		$	5,472	$	6,182
Bad debt expense		1,667		2,639
Write-offs, net of recoveries		(1,844)		(2,642)
Balance at end of period		$	5,295	$	6,179

Schedule of Accumulated Other Comprehensive Loss

The table below presents the components of our Accumulated other comprehensive loss balance (in thousands):


	September 30,				December 31,
	2020		2019		2019
Foreign currency translation adjustments	$	(10,447)	$	(13,156)	$	(10,127)
Unrealized losses on interest rate swaps, net of tax	(11,155)		(649)		(232)
Accumulated other comprehensive loss	$	(21,602)	$	(13,805)	$	(10,359)

Schedule of Recent Accounting Pronouncements

The following table summarizes the recent accounting pronouncements that we plan to adopt in future periods:


Standard	Description	Effective Date	Effect on Financial Statements and Other Significant Matters



ASU 2019-12, Income Taxes (Topic 740), Simplifying the Accounting for Income Taxes	Simplifies the accounting for income taxes by eliminating certain exceptions related to the approach for intraperiod tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. Most amendments are required to be applied on a prospective basis, while certain amendments must be applied on a retrospective or modified retrospective basis.	Annual periods beginning after December 15, 2020	We are currently evaluating the effect this standard will have on our financial position, results of operations and related disclosures. We do not expect that there will be a material impact to the financial statements as a result of adopting this ASU.
ASU 2020-04, Reference Rate Reform (Topic 848), Facilitation of the Effects of Reference Rate Reform on Financial Reporting	Provides temporary optional guidance to ease the potential burden in accounting for reference rate reform. The new guidance provides optional expedients and exceptions for applying generally accepted accounting principles to transactions affected by reference rate reform if certain criteria are met. These transactions include: contract modifications, hedging relationships, and sale or transfer of debt securities classified as held-to-maturity. Entities may apply the provisions of the new standard as of the beginning of the reporting period when the election is made.	The provisions of this update are only available until December 31, 2022, when the reference rate replacement activity is expected to be completed.	We are currently evaluating the effect this standard will have on our financial position, results of operations and related disclosures.