Accounts Receivable

3 Months Ended

Mar. 31, 2026

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, 2026 and December 31, 2025, Accounts receivable consisted of the following:

(in thousands)	March 31, 2026		December 31, 2025
Trade and other accounts receivable	$	230,447	$	221,592
Bank promissory notes	15,052		17,844
Allowance for expected credit losses	(3,860)		(4,352)
Accounts receivable, net	$	241,639	$	235,084