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ALLOWANCE FOR CREDIT LOSSES
6 Months Ended
Dec. 31, 2023
Receivables [Abstract]  
ALLOWANCE FOR CREDIT LOSSES ALLOWANCE FOR CREDIT LOSSES
The following illustrates the activity in our allowance for credit losses on accounts receivable, since June 30, 2023:
Balance as of June 30, 2023
$13,828 
Credit loss expense (recovery)3,871 
Write-off / adjustments(5,980)
Reclassification to Assets held for sale (1)
(1,077)
Balance as of December 31, 2023
$10,642 
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(1)Allowance for credit losses of $1.1 million have been reclassified to Assets held for sale related to the proposed divestiture of our AMC business. See Note 19 “Acquisitions and Divestitures.”
Included in accounts receivable are unbilled receivables in the amount of $108.2 million as of December 31, 2023 (June 30, 2023—$66.5 million).
As of December 31, 2023, we have an allowance for credit losses of $0.2 million for contract assets (June 30, 2023—$0.3 million). For additional information on contract assets please see Note 3 “Revenues.”