Accounts Receivable and Allowance for Expected Credit Losses

9 Months Ended

Sep. 30, 2023

Allowance for Doubtful Accounts and Unbilled Services [Abstract]

Accounts Receivable and Allowance for Expected Credit Losses

Accounts Receivable and Allowance for Expected Credit Losses

The following table summarizes the components of “Accounts receivable, net” as presented on the Condensed Consolidated Balance Sheets:

	September 30, 2023		December 31, 2022
Accounts receivable:
Billed receivables	$	771,661	$	633,055
Unbilled receivables	495,270		308,873
Allowance for expected credit losses	(59,915)		(45,775)
Accounts receivable, net	$	1,207,016	$	896,153

The following table summarizes the total provision for expected credit losses and write-offs:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Provision for expected credit losses	$	10,159	$	4,348	$	21,347	$	13,101
Write-offs	$	1,974	$	3,877	$	11,527	$	9,917

Our provision for expected credit losses includes recoveries, direct write-offs and charges to other accounts. Billed accounts receivables are written off when the potential for recovery is considered remote.