REVENUE RECOGNITION AND RECEIVABLES (Tables)

3 Months Ended

Mar. 31, 2020

REVENUE RECOGNITION AND RECEIVABLES

Summary of contracts asset and liabilities

Contract assets and liabilities consisted of the following (in thousands):

	March 31, 2020		December 31, 2019			$ Change	% Change
Contract asset – current	$	2,375	$	2,413	$	(38)	(2)	%
Contract asset – noncurrent		816		905		(89)	(10)	%
Contract liability – current		(19,371)		(15,044)		(4,327)	29	%
Contract liability – noncurrent		(5,193)		(5,450)		257	(5)	%
Net contract liability	$	(21,373)	$	(17,176)	$	(4,197)	24	%

Schedule of activity in allowances for credit losses

	Three months ended March 31, 2020
Balance at January 1, 2020	$	12,724
Current period provision for expected losses		1,260
Write-offs charged against the allowance		(1,525)
Recoveries collected		208
Balance at March 31, 2020	$	12,667