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Accounts Receivable
3 Months Ended
Mar. 31, 2025
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 March 31, 2025 and December 31, 2024, Accounts receivable consisted of the following:
(in thousands)March 31, 2025December 31, 2024
Trade and other accounts receivable$256,115 $231,136 
Bank promissory notes20,853 19,637 
Allowance for expected credit losses(4,507)(4,085)
Accounts receivable, net$272,461 $246,688 
As of March 31, 2025 and December 31, 2024, the Company had trade accounts receivable from SAFRAN of $73.2 million and $77.7 million, respectively.
As of March 31, 2025 and December 31, 2024, the Company did not have any Noncurrent receivables and related Allowance for expected credit losses.