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Accounts Receivable, Net | 3 Months Ended
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Mar. 31, 2024
Receivables [Abstract] |
Accounts Receivable, Net | 4. Accounts Receivable, Net Accounts receivable, net, consisted of the following (in millions):
|  | March 31, 2024 |  | December 31, 2023
Contracts in progress |  | $ | 262.7 |  |  | $ | 271.7 |
Unbilled retentions |  | 0.1 |  |  | — |
Trade receivables |  | 2.0 |  |  | 1.9 |
Other receivables |  | 4.6 |  |  | 5.2 |
Allowance for expected credit losses (1) |  | (0.1) |  |  | (0.4) |
Total |  | $ | 269.3 |  |  | $ | 278.4 |
(1) There was no change to the allowance for expected credit losses as a result of the adoption of ASU 2016-13 on January 1, 2023. As of January 1, 2023, total accounts receivable, net were $254.9 million. For both the three months ended March 31, 2024 and 2023, the Company recognized a reversal of provisions for expected credit losses of $0.1 million. Direct write-downs of accounts receivable charged against the allowance totaled $0.2 million and zero for the three months ended March 31, 2024 and 2023, respectively.

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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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