Accounts Receivable, Net

9 Months Ended

Sep. 27, 2019

Accounts Receivable, Net [Abstract]

Accounts Receivable, Net

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	September 27, 2019			December 31, 2018
In thousands
Trade receivables	$	12,424		$	11,380
U.S. Government contracts:
Billed	18,046			38,173
Cost and accrued profit - not billed	1,024			780
Commercial and other government contracts
Billed	91,237			100,603
Cost and accrued profit - not billed	9,602			900
Less allowance for doubtful accounts	(2,087		)	(2,498		)
Accounts receivable, net(1)	$	130,246		$	149,338

⁽¹⁾ Accounts receivable, net attributable to the Distribution segment were included in assets held for sale, current portion as of December 31, 2018 on the Company's Condensed Consolidated Balance Sheets. See Note 4, Discontinued Operations, for further information on the Company's sale of the Distribution segment.

The decrease in accounts receivable, net was primarily attributable to the receipts of payments under the Company's JPF program with the USG, K-MAX® program and the Company's bearings products. These decreases were partially offset by an increase in receivables related to a JPF Direct Commercial Sales ("DCS") contract.

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

	September 27, 2019		December 31, 2018
In thousands
Contract changes, negotiated settlements and claims for unanticipated contract costs	$	900	$	900