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Contract Receivables, Net (Tables) | 9 Months Ended
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Sep. 30, 2024
Receivables [Abstract] |
Summary of Contract Receivables, Net | Contract receivables, net consisted of the following:
|  | September 30, 2024 |  |  | December 31, 2023 |
Billed and billable |  | $ | 220,690 |  |  | $ | 210,919 |
Allowance for expected credit losses |  |  | (8,278 | ) |  |  | (5,435 | )
Contract receivables, net |  | $ | 212,412 |  |  | $ | 205,484 |
Summary of Reconciliation of Billed Contract Receivables Sold to MUF Including Receivables Sold to MUFC And Collected from Customers on Behalf of MUFG And Receivables Not Yet Collected from Customers | The following is a reconciliation of billed contract receivables sold to MUFG that were eligible and accounted for as sales under ASC 860, including billed contract receivables sold to MUFG and collected from customers on behalf of MUFG during the nine months ended September 30, 2024 and 2023, and the balance of billed contract receivables not yet collected from customers as of September 30, 2024 and 2023, respectively:
|  | As of and for the Nine Months Ended |
|  | September 30, 2024 |  |  | September 30, 2023 |
Beginning balance, billed contract receivables sold and not yet collected (1) |  | $ | 21,302 |  |  | $ | 3,819 |
Billed contract receivables sold during the period (2) |  |  | 482,469 |  |  |  | 159,480 |
Collections from customers during the period (2) |  |  | (473,037 | ) |  |  | (131,580 | )
Ending balance, billed contract receivables sold and not yet collected (3) |  | $ | 30,735 |  |  | $ | 31,719 |
(1) The beginning balances represent billed contract receivables that were previously sold and derecognized by the Company but have not yet been collected from customers as of January 1, 2024 and 2023, respectively. (2) For the nine months ended September 30, 2024 and 2023, the Company recorded net inflows of $9.4 million and $27.9 million, respectively, in its cash flows from operating activities from the sale of billed contract receivables. (3) The ending balances represent billed contract receivables that were sold and derecognized by the Company but have not yet been collected from customers as of September 30, 2024 and 2023, respectively.
Summary of Reconciliation of Cash Collections from Customers of Billed Contract Receivables Previously Sold to MUFG Including Previous Sold Receivables And Remittance of Cash Collections to MUFG And Cash Collected But Not Yet Remitted to MUFG | The following is a reconciliation of cash collections from customers of billed contract receivables previously sold to MUFG that were eligible and accounted for as sales under ASC 860, including collections from customers on behalf of MUFG of previously sold billed contract receivables and remittances of cash collections to MUFG during the nine months ended September 30, 2024 and 2023, and the balance of cash collected but not yet remitted to MUFG as of September 30, 2024 and 2023, respectively:
|  | As of and for the Nine Months Ended |
|  | September 30, 2024 |  |  | September 30, 2023 |
Beginning balance, cash collected but not yet remitted to MUFG (1) |  | $ | 21,796 |  |  | $ | 6,164 |
Collections from customers during the period (2) |  |  | 473,037 |  |  |  | 131,580 |
Remittances to MUFG during the period (2) |  |  | (463,558 | ) |  |  | (127,303 | )
Ending balance, cash collected but not yet remitted to MUFG (3) |  | $ | 31,275 |  |  | $ | 10,441 |
(1) The beginning balances represent cash collected from customers on behalf of MUFG for billed contract receivables that were previously sold and derecognized by the Company but have not yet been remitted to MUFG as of January 1, 2024 and 2023, respectively. (2) For the nine months ended September 30, 2024 and 2023, the Company recorded net inflows of $9.5 million and $4.3 million, respectively, in its cash flows from operating activities from the collection of billed contract receivables that were sold but not yet remitted to MUFG. (3) The ending balances are included as part of “Accrued expenses and other current liabilities” on the Company’s consolidated balance sheets.

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- Definition Summary of reconciliation of billed contract receivables sold to MUFG including receivables sold to MUFC and collected from customers on behalf of MUFG and receivables not yet collected from customers. + References No definition available. + Details
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- Definition Summary of reconciliation of cash collections from customers of billed contract receivables previously sold to MUFG including previous sold receivables and remittance of cash collections to MUFG and cash collected but not yet remitted to MUFG. + References No definition available. + Details
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- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
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