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Allowance for Credit Losses | 6 Months Ended
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Jun. 30, 2021
Credit Loss [Abstract] |
Allowance for Credit Losses | Allowance for Credit Losses The following table sets forth the Company's allowance for credit losses (in thousands):
| 2021 |  | 2020
Balance as of January 1 | $ | 33,368 |  |  | $ | 26,828 |
Sensis Acquisition, balance as of March 1, 2021 | 2,733 |  |  | — |
Additions (1) | 292 |  |  | 22,436 |
Deductions (2) | (14,787) |  |  | (12,635) |
Balance as of June 30 (3) | $ | 21,606 |  |  | $ | 36,629 |
(1) For the six months ended June 30, 2021, represents provision for bad debt expense of $0.3 million which is included in General and administrative expense. For the three months ended June 30, 2021, the Company recorded a benefit for bad debt expense of $(1.7) million. For the six months ended June 30, 2020, the Company recorded a provision for bad debt expense of $22.4 million. For the three months ended June 30, 2020, the provision for bad debt expense was $11.8 million. (2) For the six months ended June 30, 2021 and 2020, represents amounts written off as uncollectible, net of recoveries. (3) As of June 30, 2021, $21.4 million of the allowance is attributable to Accounts receivable and $0.2 million is attributable to Contract assets. As of June 30, 2020, $36.2 million of the allowance is attributable to Accounts receivable and $0.4 million is attributable to Contract assets. The Company’s exposure to expected credit losses depends on the financial condition of its clients and other macroeconomic factors. The Company maintains an allowance for credit losses based upon its estimate of potential credit losses. This allowance is based upon historical and current client collection trends, any identified client-specific collection issues, and current as well as expected future economic conditions and market trends. The economic downturn caused by COVID-19 resulted in an incremental amount of $2.0 million and $5.1 million recorded to allowance for credit losses for the three and six months ended June 30, 2020, respectively. No incremental impact was recorded for the three and six months ended June 30, 2021.

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- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -URI http://asc.fasb.org/topic&trid=2196771 + Details
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- References No definition available. + Details
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