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Contract Assets (Tables)
6 Months Ended
Jun. 30, 2020
Contract Assets  
Changes In Contract Assets Significant changes in the contract asset balance during the period are as follows:

 

Six Months Ended

 

June 30,

(in thousands)

 

2020

 

 

2019

Beginning balance as of December 31,

$

161,061

 

$

140,082

Revenue recognized

 

915,600

 

 

1,109,396

Amounts collected or invoiced

 

(923,020)

 

 

(1,093,932)

Ending balance as of June 30,

$

153,641

 

$

155,546