Accounts Receivable, Net (Tables)

6 Months Ended

Jun. 30, 2024

Receivables [Abstract]

Schedule of Accounts Receivable

Accounts receivable consisted of the following (in thousands):

	June 30, 2024		December 31, 2023
Trade accounts receivable	$	226,066	$	178,087
Costs in excess of billings	38,855		52,035
Total accounts receivable	264,921		230,122
Less allowance for doubtful accounts and contract assets	(5,563)		(5,572)
Accounts receivable, net	$	259,358	$	224,550

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 recoveries	47
Accounts written off against allowance and other adjustments	(56)
Ending balance as of June 30, 2024	$	5,563