XML 25 R15.htm IDEA: XBRL DOCUMENT v3.23.2
Accounts Receivable
 6 Months Ended
Jun. 30, 2023
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
Accounts receivable, net includes Trade and other accounts receivable and Bank promissory notes, net of Allowance for expected credit losses. In connection with certain revenues 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 June 30, 2023 and December 31, 2022, Accounts receivable consisted of the following:
(in thousands)June 30,
2023		December 31,
2022
Trade and other accounts receivable$226,996 $179,676 
Bank promissory notes18,859 23,439 
Allowance for expected credit losses(3,666)(3,097)
Accounts receivable, net$242,189 $200,018 

The Company has Noncurrent receivables in the AEC segment that represent revenue earned, which has extended payment terms. The Noncurrent receivables will be invoiced to the customer over a 10-year period, which began in 2020. As of June 30, 2023 and December 31, 2022, Noncurrent receivables consisted of the following:
(in thousands)June 30,
2023		December 31,
2022
Noncurrent receivables$26,702 $28,053 
Allowance for expected credit losses
(134)(140)
Noncurrent receivables, net$26,568 $27,913