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Equity Method Investments
12 Months Ended
Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments EQUITY METHOD INVESTMENTS
We have investments in entities that we account for using the equity method. Our share of the undistributed earnings of our equity method investees were $41.3 million and $39.4 million at December 31, 2022 and 2021, respectively. These amounts are included in Investments in Unconsolidated Affiliates on our consolidated balance sheets.
The following tables summarize combined balance sheet and income statement information for investments accounted for under the equity method:
 December 31,
 20222021
 (In thousands)
Current assets$566,076 $546,233 
Noncurrent assets445 634 
Total Assets$566,521 $546,867 
Current liabilities$292,081 $284,821 
Owners' equity274,440 262,046 
Total Liabilities and Owners' Equity$566,521 $546,867 
 Year Ended December 31,
 202220212020
 (In thousands)
Revenues$4,580,032 $4,254,635 $3,980,066 
Gross profit$176,592 $159,935 $142,709 
Net income$173,339 $156,994 $139,988 
Reimbursable costs recorded in revenues by the unconsolidated joint ventures in our Government Operations segment totaled $4,453.7 million, $4,102.9 million and $3,851.5 million for the years ended December 31, 2022, 2021 and 2020, respectively.
Income taxes for the investees are the responsibility of the respective owners. Accordingly, no provision for income taxes has been recorded by the investees.
Reconciliations of net income per combined income statement information of our investees to equity in income of investees per our consolidated statements of income are as follows:
 Year Ended December 31,
 202220212020
 (In thousands)
Equity income based on stated ownership percentages
$46,784 $31,870 $27,266 
GAAP and other adjustments(811)1,628 (114)
Equity in income of investees
$45,973 $33,498 $27,152 
Our transactions with unconsolidated affiliates were as follows:
 Year Ended December 31,
 202220212020
 (In thousands)
Sales to$19,857 $11,838 $12,186 
Dividends received$42,512 $20,475 $25,005 
Capital contributions, net of returns$11,450 $— $(88)
At December 31, 2022 and 2021, Accounts receivable – other included amounts due from unconsolidated affiliates of $1.5 million and $1.6 million, respectively.