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Accounts Receivable
6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Accounts Receivable Accounts Receivable
Accounts receivable, net includes Trade and other accounts receivable and Bank promissory notes, net of Allowance for expected credit losses. In connection with certain revenues in Asia, the Company accepts a bank promissory note as customer payment. The notes may be presented for payment at maturity, which is less than one year. As of June 30, 2024 and December 31, 2023, Accounts receivable consisted of the following:
(in thousands)June 30, 2024December 31, 2023
Trade and other accounts receivable$263,781 $272,351 
Bank promissory notes20,991 20,690 
Allowance for expected credit losses(4,764)(5,260)
Accounts receivable, net$280,008 $287,781 
The Company had Noncurrent receivables in the AEC segment that represent revenue earned, which had extended payment terms. In 2023, the payment terms were amended and the Noncurrent receivables are now included in Trade and other accounts receivable. As of June 30, 2024 and December 31, 2023, Noncurrent receivables consisted of the following:
(in thousands)June 30, 2024December 31, 2023
Noncurrent receivables$ $4,414 
Allowance for expected credit losses
 (22)
Noncurrent receivables, net$ $4,392