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Contract Assets and Contract Liabilities (Tables)
3 Months Ended
Mar. 31, 2018
Revenue From Contract With Customer [Abstract]  
Summary of Company's Contract Asset and Contract Liability

Accounts receivable and unbilled, net consisted of the following (in thousands):

 

 

As of

 

 

March 31,

 

 

January 1,

 

 

 

 

 

 

December 31,

 

 

2018

 

 

2018

 

 

Adjustments

 

 

2017

 

Accounts receivable

$

67,616

 

 

$

55,599

 

 

$

-

 

 

$

55,599

 

Unbilled receivables

 

43,688

 

 

 

37,906

 

 

 

9,753

 

 

 

28,153

 

Less: allowance for doubtful accounts

 

(650

)

 

 

(673

)

 

 

-

 

 

 

(673

)

           Total accounts receivable and unbilled, net

$

110,654

 

 

$

92,832

 

 

$

9,753

 

 

$

83,079

 

Advanced billings consisted of the following (in thousands):

 

 

As of

 

 

March 31,

 

 

January 1,

 

 

 

 

 

 

December 31,

 

 

2018

 

 

2018

 

 

Adjustments

 

 

2017

 

Advanced billings

$

126,387

 

 

$

119,451

 

 

$

45,695

 

 

$

73,756

 

Pre-funded study costs

$

-

 

 

$

-

 

 

$

(57,406

)

 

$

57,406