Accounts Receivable

12 Months Ended

Dec. 31, 2019

Accounts Receivable

Accounts Receivable

Note 4: Accounts Receivable

Accounts receivable, net consists of the following:

December 31,	2019		2018
(in thousands)
Trade receivables:
Billed	$	191,579	$	266,660
Unbilled		52,052		56,408
Other receivables		4,124		5,278
Total		247,755		328,346
Less: allowance for doubtful accounts		(5,181)		(4,813)
Accounts receivable, net	$	242,574	$	323,533

Trade receivables relate to revenues generated from equipment and services, for which credit is extended based on our evaluation of the customer’s credit worthiness. Unbilled receivables represent revenues earned but not billed to the customer until future dates, usually within one month. Other receivables consists primarily of net amounts receivable from an agent, that operates internationally, as well as amounts due from the favorable resolution of state tax audits and rebates due from suppliers.

Changes in the Company’s allowance for doubtful accounts are as follows:

Years Ended December 31,	2019		2018
(in thousands)
Beginning balance	$	4,813	$	4,471
Bad debt expense		1,481		588
Accounts written-off		(1,142)		(260)
Recoveries		29		14
Ending balance	$	5,181	$	4,813