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Credit Losses
12 Months Ended
Dec. 31, 2024
Credit Loss [Abstract]  
Credit Losses Credit Losses
The Company is exposed to credit losses primarily through the provision of its executive search, consulting, and on-demand talent services. The Company’s expected credit loss allowance methodology for accounts receivable is developed using historical collection experience, current and future economic and market conditions and a review of the current status of customers' trade accounts receivables. Due to the short-term nature of such receivables, the estimate of amount of accounts receivable that may not be collected is primarily based on historical loss-rate experience. When required, the Company adjusts the loss-rate methodology to account for current conditions and reasonable and supportable expectations of future economic and market conditions. The Company generally assesses future economic conditions for a period of sixty to ninety days, which corresponds with the contractual life of its accounts receivables. Additionally, specific allowance amounts are established to record the appropriate provision for customers that have a higher probability of default. The Company’s monitoring activities include timely account reconciliation, dispute resolution, payment confirmation, consideration of customers' financial condition and macroeconomic conditions. Balances are written off when determined to be uncollectible.

The activity in the allowance for credit losses on the Company's trade receivables is as follows:
 December 31,
 202420232022
Balance at January 1,$6,954 $6,643 $5,666 
Provision for credit losses7,168 9,574 7,938 
Write-offs(6,689)(9,275)(6,830)
Foreign currency translation(137)12 (131)
Balance at December 31,$7,296 $6,954 $6,643 
 
There were no investments with unrealized losses at December 31, 2024, and 2023.