Accounts Receivable, Net

3 Months Ended

Mar. 31, 2022

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable consists of the following (in thousands):

	March 31, 2022		December 31, 2021
Trade accounts receivable	$	203,860	$	185,745
Costs in excess of billings	46,380		54,437
Total accounts receivables	250,240		240,182
Less allowance for doubtful accounts and contract assets	(4,433)		(3,738)
Accounts receivable, net	$	245,807	$	236,444

Refer to Note 4 "Revenue" concerning the Company's costs in excess of billings.

The following table provides a roll-forward of the allowance for credit losses, for the three month period ended March 31, 2022, that is deducted from the amortized cost basis of accounts receivable to present the net amount expected to be collected.

Beginning balance as of January 1, 2022	$	3,738
Bad debt expense, net of recoveries	865
Accounts written off against allowance and other adjustments	(170)
Ending balance as of March 31, 2022	$	4,433