Accounts Receivable, Net

6 Months Ended

Jun. 28, 2019

Receivables [Abstract]

Accounts Receivable, Net

Note 9: Accounts Receivable, Net

At June 28, 2019 and December 28, 2018, accounts receivable, net, was comprised of the following:

	June 28,			December 28,
(In thousands)	2019			2018
Billed accounts receivable	$	87,398		$	73,905
Unbilled accounts receivable		47,679			35,975
Allowance for contract losses and doubtful accounts		(5,342	)		(4,066	)
Total accounts receivable, net	$	129,735		$	105,814

On January 29^th 2019, PG&E Corp. (“PG&E”) filed for bankruptcy under chapter 11 of the U.S. bankruptcy code. As of June 28, 2019 the Company’s total pre-bankruptcy outstanding accounts receivable from PG&E was $3.0 million. The Company currently expects to collect substantially all of the pre-bankruptcy accounts receivable from PG&E.  However, due to the risks and uncertainties inherent in the bankruptcy process, the amount ultimately collected could differ from the Company’s current expectation.  The Company continues to do work for PG&E post-bankruptcy filing and expects to be paid for this work in the ordinary course of business.  Under the United States Bankruptcy code, PG&E is required to pay all post-bankruptcy expenses in the normal course of business.  If they do not do so, the Company is eligible to have the post-bankruptcy obligation categorized as an administrative expense entitled to priority over most pre-bankruptcy creditors.