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Contract Assets (Tables)
3 Months Ended
Mar. 31, 2020
Contract Assets  
Changes In Contract Assets Significant changes in the contract asset balance during the period are as follows:

 

Three Months Ended

 

March 31,

(in thousands)

 

2020

 

 

2019

Beginning balance as of December 31,

$

161,061

 

$

140,082

Revenue recognized

 

464,727

 

 

564,889

Amounts collected or invoiced

 

(465,826)

 

 

(547,946)

Ending balance as of March 31,

$

159,962

 

$

157,025