Contract Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

Contract with Customer, Contract Asset, Contract Liability, and Receivable [Abstract]

Schedule of Contract Assets and Contract Liabilities

As of March 31, 2020 and December 31, 2019, Contract assets and Contract liabilities consisted of the following:

(in thousands)	March 31, 2020	December 31, 2019
Contract assets	$85,257	$79,070
Allowance for expected credit losses	(679)	-
Contract assets, net	$84,578	$79,070
Contract liabilities	$9,005	$5,656

Schedule of (Increases)/ Decreases in Allowance for Credit Losses

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

		CECL
	December 31,	transition		Currency		March 31,
(in thousands)	2019	adjustment	Charges	translation	Other	2020
Contract assets expected
credit losses	$-	$(404)	$(232)	$12	$(55)	$(679)