Annual report pursuant to Section 13 and 15(d)

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.0.1
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2021
DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Summary of customer allowances for prompt payment discounts

The following table summarizes the activity of our customer allowances for prompt payment discounts for the periods presented (in thousands):

Year Ended December 31,

    

2021

    

2020

    

2019

Balance at the beginning of the year

    

$

171

    

$

109

    

$

50

Provision for prompt payment discount

609

807

540

Reduction in prompt payment discount

(674)

(745)

(481)

Balance at end of the year

$

106

$

171

$

109