XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Receivables, Contract Liabilities and Performance Obligations (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Revenue from Contract with Customer [Abstract] |
Summary of Information about Receivables and Contract Liabilities | The following table provides information about receivables and contract liabilities as of March 31, 2024 and December 31, 2023 (in thousands):
| March 31, 2024 |  | December 31, 2023
Current receivables, which are included in “Accounts receivable, net” | $ | 3,573,253 |  |  | $ | 3,568,290 |
Contract assets, net | 100,648 |  |  | 120,518 |
Long-term accounts receivable | 618,672 |  |  | 412,666 |
Long-term contract assets, net | 121,994 |  |  | 132,780 |
Contract liabilities, which are included in “Accrued expenses and other current liabilities” and “Other liabilities” | 105,143 |  |  | 107,217 |
Summary of Changes in Contract Liabilities from Contract with Customers | Significant changes in the contract assets balances during the three months ended March 31, 2024 are as follows (in thousands):
|  | Contract Assets
Balances at December 31, 2023 |  | $ | 272,287 |
Reclassification of beginning contract assets to receivables, as a result of rights to consideration becoming unconditional |  | (40,523) |
Contract assets recognized, net of reclassification to receivables |  | 9,429 |
Balances at March 31, 2024 |  | $ | 241,193 |
Contract assets consist of amounts the Company is entitled to for the resale of third-party consumption-based services, prior to payment becoming unconditional. In these transactions, the Company invoices clients for the gross amount of consideration it is responsible to collect, including amounts ultimately passed on to the third-party service providers. As of March 31, 2024, contract assets, net of allowances, were $222,642,000. Gross contract assets by our internal risk ratings as of March 31, 2024 are summarized as follows (in thousands):
| Contract assets
Low risk | $ | 37,309 |
Moderate risk | 60,218 |
High risk | 143,666 |
Total contract assets | $ | 241,193 |
Changes in the contract liabilities balances during the three months ended March 31, 2024 are as follows (in thousands):
| Contract Liabilities
Balances at December 31, 2023 | $ | 107,217 |
Reclassification of the beginning contract liabilities to revenue, as the result of performance obligations satisfied | (37,570) |
Cash received in advance and not recognized as revenue | 35,496 |
Balances at March 31, 2024 | $ | 105,143 |
Summary of Estimated Net Sales Related to Performance Obligation | The following table includes estimated net sales related to performance obligations that are unsatisfied (or partially unsatisfied) as of March 31, 2024 that are expected to be recognized in the future (in thousands):
| Services
Remainder of 2024 | $ | 93,751 |
2025 | 51,922 |
2026 | 28,630 |
2027 and thereafter | 42,778 |
Total remaining performance obligations | $ | 217,081 |

X
- Definition Contract with receivables and contract liability. + References No definition available. + Details
Name: | nsit_ContractWithReceivablesAndContractLiabilityTableTextBlock
Namespace Prefix: | nsit_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-13 + Details
Name: | us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration