REVENUE RECOGNITION AND RECEIVABLES (Tables)

9 Months Ended

Sep. 30, 2020

REVENUE RECOGNITION AND RECEIVABLES

Summary of contracts asset and liabilities

Contract assets and liabilities consisted of the following (in thousands):

	September 30, 2020		December 31, 2019			$ Change	% Change
Contract asset – current	$	2,269	$	2,413	$	(144)	(6)	%
Contract asset – noncurrent		699		905		(206)	(23)	%
Contract liability – current		(16,338)		(15,044)		(1,294)	(9)	%
Contract liability – noncurrent		(2,486)		(5,450)		2,964	54	%
Net contract liability	$	(15,856)	$	(17,176)	$	1,320	8	%

Schedule of activity in allowances for credit losses

	Nine months ended September 30, 2020
Balance at January 1, 2020	$	12,724
Current period provision for expected losses		4,452
Write-offs charged against the allowance		(5,434)
Recoveries collected		466
Balance at September 30, 2020	$	12,208