Accounts Receivable (Tables)

12 Months Ended

Dec. 31, 2023

Receivables [Abstract]

Schedule of Accounts Receivable

As of December 31, 2023 and 2022, Accounts receivable consisted of the following:

(in thousands)	December 31, 2023		December 31, 2022
Trade and other accounts receivable	$	272,351	$	179,676
Bank promissory notes	20,690		23,439
Allowance for expected credit losses	(5,260)		(3,097)
Accounts receivable, net	$	287,781	$	200,018

Schedule of Noncurrent Receivables

In 2023, the payment terms were amended and a portion of the Noncurrent receivables are now included in Trade and other accounts receivable. The remaining Noncurrent receivables is expected to be collected in the first quarter of 2025. As of December 31, 2023 and December 31, 2022, Noncurrent receivables were as follows:

(in thousands)	December 31, 2023		December 31, 2022
Noncurrent receivables	$	4,414	$	28,053
Allowance for expected credit losses	(22)		(140)
Noncurrent receivables, net	$	4,392	$	27,913

Schedule of Accounts Receivable, Allowance for Credit Loss

The following tables present the (increases)/decreases in the allowance for credit losses for Accounts receivable:

(in thousands)	December 31, 2022		(Charge)/ benefit		Currency translation		Other		December 31, 2023
Specific customer reserves	$	(2,076)	$	(424)	$	(74)	$	90	$	(2,484)
Incremental expected credit losses	(1,021)		(187)		(40)		(1,528)		(2,776)
Accounts receivable expected credit losses	$	(3,097)	$	(611)	$	(114)	$	(1,438)	$	(5,260)

(in thousands)	December 31, 2021		(Charge)/ benefit		Currency translation		Other		December 31, 2022
Specific customer reserves	$	(1,392)	$	(1,331)	$	50	$	597	$	(2,076)
Incremental expected credit losses	(953)		(93)		25		—		(1,021)
Accounts receivable expected credit losses	$	(2,345)	$	(1,424)	$	75	$	597	$	(3,097)

The following tables present the (increases)/decreases in the allowance for credit losses for Noncurrent receivables:

(in thousands)	December 31, 2022		(Charge)/ benefit		Currency translation		Other		December 31, 2023
Noncurrent receivables expected credit losses	$	(140)	$	123	$	(5)	$	—	$	(22)

(in thousands)	December 31, 2021		(Charge)/ benefit		Currency translation		Other		December 31, 2022
Noncurrent receivables expected credit losses	$	(200)	$	62	$	(2)	$	—	$	(140)