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Accounts Receivable | 3 Months Ended
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Mar. 31, 2024
Receivables [Abstract] |
Accounts Receivable | Accounts Receivable Accounts receivable, net includes Trade and other accounts receivable and Bank promissory notes, net of Allowance for expected credit losses. In connection with certain revenues in Asia, the Company accepts a bank promissory note as customer payment. The notes may be presented for payment at maturity, which is less than one year. As of March 31, 2024 and December 31, 2023, Accounts receivable consisted of the following:
(in thousands) | March 31, 2024 | December 31, 2023
Trade and other accounts receivable | $ | 287,862 |  | $ | 272,351 |
Bank promissory notes | 22,699 |  | 20,690 |
Allowance for expected credit losses | (5,066) |  | (5,260) |
Accounts receivable, net | $ | 305,495 |  | $ | 287,781 |
The Company had Noncurrent receivables in the AEC segment that represent revenue earned, which had extended payment terms. In 2023, the payment terms were amended and the Noncurrent receivables are now included in Trade and other accounts receivable. As of March 31, 2024 and December 31, 2023, Noncurrent receivables consisted of the following:
(in thousands) | March 31, 2024 | December 31, 2023
Noncurrent receivables | $ | — |  | $ | 4,414 |
Allowance for expected credit losses | — |  | (22) |
Noncurrent receivables, net | $ | — |  | $ | 4,392 |

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//310-10/tableOfContent + Details
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- References No definition available. + Details
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