XML 22 R10.htm IDEA: XBRL DOCUMENT v3.24.2
Accounts Receivable, Net
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
ACCOUNTS RECEIVABLE, NET ACCOUNTS RECEIVABLE, NET
Accounts receivable consisted of the following (in thousands):
June 30, 2024December 31, 2023
Trade accounts receivable$226,066 $178,087 
Costs in excess of billings38,855 52,035 
Total accounts receivable264,921 230,122 
Less allowance for doubtful accounts and contract assets(5,563)(5,572)
Accounts receivable, net$259,358 $224,550 
Refer to Note 3 "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 six month period ended June 30, 2024, that is deducted from the amortized cost basis of accounts receivable to present the net amount expected to be collected (in thousands):
Beginning balance as of January 1, 2024$5,572 
Bad debt expense, net of recoveries47 
Accounts written off against allowance and other adjustments(56)
Ending balance as of June 30, 2024$5,563