Accounts Receivable, Net

9 Months Ended

Dec. 31, 2014

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	December 31, 2014			March 31, 2014
Current
Accounts receivable–billed	$	378,691		$	395,509
Accounts receivable–unbilled	466,450			522,685
Allowance for doubtful accounts	(396		)	(1,457		)
Accounts receivable, net	844,745			916,737
Long-term
Unbilled receivables	18,284			22,877
Total accounts receivable, net	$	863,029		$	939,614

Unbilled amounts represent sales for which billings have not been presented to customers at quarter-end or year-end. These amounts are usually billed and collected within one year. Long-term unbilled receivables not anticipated to be billed and collected within one year, which are primarily related to retainage, holdbacks, and long-term rate settlements to be billed at contract closeout, are included in other long-term assets as accounts receivable in the accompanying condensed consolidated balance sheets. The Company recognized a provision (benefit) for doubtful accounts (including certain unbilled reserves) of $(8,000) and $(302,000) for the three months ended December 31, 2014 and 2013, respectively, and $(987,000) and $1.2 million for the nine months ended December 31, 2014 and 2013, respectively. Because the Company's accounts receivable are primarily with the U.S. Government and its agencies, the Company does not have material exposure to accounts receivable credit risk.