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Accounts Receivable
3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
Accounts Receivable

3. Accounts Receivable

Accounts receivable consisted of the following:

(in thousands)

 

March 31, 2023

 

 

December 31, 2022

 

Accounts receivable

 

$

114,044

 

 

$

87,306

 

Allowance for doubtful accounts

 

 

(4,155

)

 

 

(4,220

)

Total accounts receivable, net

 

$

109,889

 

 

$

83,086

 

Balances billed but not paid by customers under retainage provisions in contracts within the Condensed Consolidated Balance Sheets amounted to approximately $1.5 million and $1.6 million at March 31, 2023 and December 31, 2022, respectively. Retainage receivables on contracts in progress are generally collected within a year or two subsequent to contract completion, and are recorded in either "Accounts receivable, net" or "Deferred charges and other assets" within the Condensed Consolidated Balance Sheets depending on timing of expected collection.

Provision for credit losses was $0.1 million and zero for the three months ended March 31, 2023 and 2022, respectively.