Receivables

3 Months Ended

Mar. 31, 2025

Receivables [Abstract]

Receivables

Receivables

Receivables consisted of the following:

(In thousands)	March 31, 2025		December 31, 2024
Trade receivables:
Gross trade receivables	$	57,114	$	46,819
Allowance for credit losses	(964)		(948)
Net trade receivables	56,150		45,871
Income tax receivables	1,778		2,049
Other receivables	12,426		26,921
Total receivables, net	$	70,354	$	74,841

Other receivables as of March 31, 2025 and December 31, 2024 included $9.6 million and $23.2 million, respectively, for amounts due from the Purchaser, including the receivables and estimated deferred consideration related to the Sale Transaction (see Note 2) as well as amounts due under the transition services agreement. Other receivables as of March 31, 2025 and December 31, 2024 also included an insurance receivable of $0.7 million and $1.7 million related to a cybersecurity event.

Changes in our allowance for credit losses were as follows:

	First Quarter
(In thousands)	2025		2024
Balance at beginning of period	$	948	$	1,223
Credit loss expense	6		(36)
Write-offs, net of recoveries	10		(43)
Balance at end of period	$	964	$	1,144