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

 

Nine Months Ended

 

September 30,

(in thousands)

 

2020

 

 

2019

Beginning balance as of December 31,

$

161,061

 

$

140,082

Revenue recognized

 

1,382,582

 

 

1,613,047

Amounts collected or invoiced

 

(1,382,247)

 

 

(1,592,061)

Ending balance as of September 30,

$

161,396

 

$

161,068