Accounts Receivable

6 Months Ended

Jul. 03, 2015

Accounts Receivable, Net [Abstract]

Accounts Receivable, Net

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consists of the following:

	July 3, 2015			December 31, 2014
In thousands
Trade receivables	$	150,568		$	141,481
U.S. Government contracts:
Billed	15,267			21,909
Costs and accrued profit – not billed	2,447			1,581
Commercial and other government contracts:
Billed	66,498			51,166
Costs and accrued profit – not billed	899			21,719
Less allowance for doubtful accounts	(3,689		)	(3,208		)
Accounts receivable, net	$	231,990		$	234,648

Accounts receivable, net includes amounts for matters such as contract changes, negotiated settlements and claims for unanticipated contract costs. These amounts are as follows:

	July 3, 2015		December 31, 2014
In thousands
Contract changes, negotiated settlements and claims for unanticipated contract costs	$	900	$	4,561
Total	$	900	$	4,561

The decrease in the above balance primarily relates to receipt of payment from a customer for claims related to a composite aerostructures program.