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FINANCIAL STATEMENT DETAILS
6 Months Ended
Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
FINANCIAL STATEMENT DETAILS FINANCIAL STATEMENT DETAILS
Cash and Cash Equivalents and Restricted Cash
The reconciliation of cash and cash equivalents and restricted cash reported within the accompanying consolidated balance sheet to the total amounts shown in the accompanying consolidated statement of cash flows is as follows:
June 30, 2022December 31, 2021June 30, 2021December 31, 2020
(In thousands)
Cash and cash equivalents$268,078 $321,900 $331,024 $110,011 
Restricted cash included in Prepaid expenses and other current assets342 445 228 26 
Total cash and cash equivalents and restricted cash as shown in the accompanying consolidated statement of cash flows$268,420 $322,345 $331,252 $110,037 
Restricted cash at June 30, 2022 and December 31, 2021 primarily consisted of deposits related to a lease and corporate credit cards.
Restricted cash at June 30, 2021 primarily consisted of a deposit related to a lease.
Restricted cash at December 31, 2020 primarily consisted of a deposit related to corporate credit cards.
Credit Losses
The changes in the allowance for credit losses for the six months ended June 30, 2022 and 2021 are as follows:
20222021
(In thousands)
Balance at beginning of period$1,324 $476 
Provision for credit losses7,015 280 
Write-offs charged against the allowance(917)(522)
Recoveries collected578 282 
Currency translation adjustment(10)— 
Balance at end of period$7,990 $516 
The increase in the allowance for credit losses for the six months ended June 30, 2022 was due primarily to the implementation of a new billing system beginning in the fourth quarter of 2021 that led to an increase in aged accounts receivable balances, as well as growth in the sales-assisted business.
Accumulated Amortization and Depreciation
Accumulated amortization and depreciation within the accompanying consolidated balance sheet are as follows:
Asset CategoryJune 30, 2022December 31, 2021
 (In thousands)
ROU assets included in Other non-current assets$7,697 $8,548 
Leasehold improvements and equipment$510 $1,591 
Intangible assets with definite lives$42,324 $39,692 

Other income, net
The components of "Other income, net" are as follows:
 Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
 (In thousands)
Foreign exchange gains (losses), net$755 $121 $1,055 $(29)
Interest income417 21 458 41 
Gain on sale of an asset— — — 10,217 
Other income, net$1,172 $142 $1,513 $10,229 

For the six months ended June 30, 2021, Gain on sale of an asset related to the sale of Vimeo’s retained interest in its former hardware business.
Geographic Concentrations
Geographic information about revenue and long-lived assets is presented below.
Revenue by geography is based on where the customer is located. The United States was the only country for which revenue was greater than 10% of Vimeo's total revenue for the three and six months ended June 30, 2022 and 2021.
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
(In thousands)
Revenue:
United States$56,050 $48,920 $109,881 $94,715 
All other countries54,927 47,126 109,450 90,753 
Total$110,977 $96,046 $219,331 $185,468 
Long-lived assets, excluding goodwill, intangible assets with definite lives and ROU assets, at June 30, 2022 and December 31, 2021 relate to "Leasehold improvements and equipment, net."
June 30,
2022
December 31,
2021
(In thousands)
Leasehold improvements and equipment, net:
United States$553 $1,901 
All other countries944 967 
Total$1,497 $2,868