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Accounts Receivable (Tables)

12 Months Ended

Dec. 31, 2023

At the end of each period, accounts receivable were comprised of the following:


	As of December 31,
(in millions)	2023		2022
Accounts receivable trade, net	$	234.5	$	128.6
Unbilled receivable	5.7		12.3
Accounts receivable, net	$	240.2	$	140.9

Schedules of Concentration of Risk

The percentages of total revenue for customers that represent 10% or more of total revenue was as follows:


	Years Ended December 31,
	2023	2022	2021
Distributor A	28%	19%	*
Distributor B	24%	16%	*
Distributor C	19%	17%	12%

* Represents less than 10% of revenue for the period.

The percentages of total net accounts receivable trade for customers that represent 10% or more of total net accounts receivable trade were as follows:


	As of December 31,
	2023	2022
Distributor A	35%	34%
Distributor B	25%	23%
Distributor C	18%	11%

Schedule of Allowance for Credit Loss

The following table presents the activity in the allowance for credit losses, which is comprised primarily of the Company’s direct consumer receivable portfolio. The allowance for credit losses of other portfolios is insignificant.


	Year Ended December 31,
(in millions)	2023		2022		2021
Credit losses at beginning of year	$	2.5	$	2.7	$	2.9
Provision for expected credit losses	2.3		4.2		3.1
Write-offs charged against allowance	(2.6)		(4.9)		(3.8)
Recoveries of amounts previously reserved	0.3		0.5		0.5
Credit losses at end of year	$	2.5	$	2.5	$	2.7