Accounts Receivable, Net (Tables)

9 Months Ended

Sep. 30, 2015

Accounts receivable, net consists of the following:



	September 30, 2015			December 31, 2014
Trade receivables	$	49,741		$	53,081
Unbilled revenue	6,004			4,036
Other receivables (1)	5,870			1,581
	61,615			58,698
Less: Allowance for doubtful accounts	(226		)	(464		)
Accounts receivable, net	$	61,389		$	58,234

(1) At September 30, 2015, includes $4,266 related to the settlement of a lawsuit in the third quarter of 2015. See Note 14, "Legal Contingencies," in the Notes to the Condensed Consolidated Financial Statements.

Impact of operating income

Cumulative catch-up adjustments had the following impacts to operating income for the periods presented:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Favorable adjustments	$	96		$	4,898		$	554		$	5,620
Unfavorable adjustments	(2,183		)	(545		)	(2,214		)	(727		)
Net favorable (unfavorable) operating income adjustments	$	(2,087	)	$	4,353		$	(1,660	)	$	4,893

The unfavorable cumulative catch-up adjustments recorded in the third quarter of 2015 primarily related to higher projected engineering costs, identified in the third quarter of 2015, which are required to meet customer specifications on the Mitsubishi Regional Jet design-build program. The adjustment related to this program was $1,738 and was recorded as a reduction of revenue in the Consolidated Statements of Comprehensive Income (Loss).

The favorable cumulative adjustments recorded in the third quarter of 2014 related to the reversal of a loss reserve. This adjustment was recognized after the Company settlement of an unpriced change order and secured more favorable future material pricing with respect to this contract. The impact of reversing the loss reserve was $4,602 and $5,267 for the three and nine months ended September 30, 2014 and was recorded in the cost of goods sold section of the Consolidated Statements of Comprehensive Income (Loss).