Accounts Receivable (Tables)

9 Months Ended

Sep. 30, 2020

Receivables [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable

Accounts receivable includes trade receivables. In connection with certain sales in Asia, the Company accepts a bank promissory note as customer payment. The notes may be presented for payment at maturity, which is less than one year. As of September 30, 2020 and December 31, 2019, Accounts receivable consisted of the following:

(in thousands)	September 30, 2020		December 31, 2019
Trade and other accounts receivable	$	191,035	$	201,427
Bank promissory notes	23,169		18,563
Allowance for expected credit losses	(3,878)		(1,719)
Accounts receivable, net	$	210,326	$	218,271

Schedule of Contract Receivables

As of September 30, 2020 and December 31, 2019, Noncurrent receivables consisted of the following:

(in thousands)	September 30, 2020		December 31, 2019
Noncurrent receivables	$	36,611	$	41,234
Allowance for expected credit losses	(383)		—
Noncurrent receivables, net	$	36,228	$	41,234

Accounts Receivable, Allowance for Credit Loss

The following table presents the year-to-date (increases)/decreases in the allowance for credit losses for Accounts receivable:

(in thousands)	December 31, 2019		CECL transition adjustment		Charges		Currency translation		Other		September 30, 2020
Specific customer reserves	$	(1,719)	$	(44)	$	12	$	42	$	74	$	(1,635)
Incremental expected credit losses	—		(1,139)		(1,109)		8		(3)		(2,243)
Accounts receivable expected credit losses	$	(1,719)	$	(1,183)	$	(1,097)	$	50	$	71	$	(3,878)

The following table presents the year-to-date (increases)/decreases in the allowance for credit losses for Noncurrent receivables:

(in thousands)	December 31, 2019		CECL transition adjustment		Charges		Currency translation		Other		September 30, 2020
Noncurrent receivables expected credit losses	$	—	$	(206)	$	(185)	$	8	$	—	$	(383)