ALLOWANCE FOR CREDIT LOSSES

3 Months Ended

Mar. 31, 2024

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 March 31, 2024.

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

Balance, December 31, 2023	$	14,229
Provision	2,664
Write-offs	(542)
Balance, March 31, 2024	$	16,351

Recoveries of amounts previously written off were not significant for the three months ended March 31, 2024.