ALLOWANCE FOR CREDIT LOSSES

6 Months Ended

Jun. 30, 2023

Credit Loss [Abstract]

ALLOWANCE FOR CREDIT LOSSES

ALLOWANCE FOR CREDIT LOSSES

Our allowance for credit losses is computed using a number of factors including our past credit loss experience and our customers' credit ratings, in addition to other customer-specific factors. We have also considered recent trends and developments related to the current macroeconomic environment in determining our ending allowance for credit losses for both accounts receivable and contract assets. The allowance for credit losses on contract assets was not significant as of June 30, 2023.

A rollforward of our allowance for credit losses on our accounts receivable balance is presented below (in thousands):

Balance, December 31, 2022	$	28,749
Provision	(8,124)
Write-offs	(6,164)
Balance, June 30, 2023	$	14,461

Recoveries of amounts previously written off were not significant for the three and six months ended June 30, 2023.