v3.26.1
Revenue Recognition
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Transaction Price Allocated to Future Performance Obligations
As of March 31, 2026, other than contracts for which the Company has applied the practical expedients, the aggregate amount of transaction price allocated to remaining performance obligations was not material to our consolidated revenues.
Contract Balances from Contracts with Customers
The following table provides information about accounts receivable and contract liabilities from contracts with customers.
(In thousands)March 31, 2026December 31, 2025
Balances from contracts with customers:
     Accounts receivable (including long-term receivables within Other assets)$591,296 $610,021 
     Contract liabilities, short-term (Deferred revenue)63,415 63,651 
Revenue recognized for the three months ended March 31, 2026 and 2025 relating to the contract liabilities at December 31, 2025 and 2024 was $19.1 million and $20.1 million, respectively.
The Company has an agreement enabling it to sell certain customer receivables to a financial institution on a recurring basis for cash. The transferred receivables will be fully guaranteed by a bankruptcy-remote entity and the financial institution that purchases the receivables will have no recourse to the Company's other assets in the event of non-payment by the customers. The Company can sell an indefinite amount of customer receivables under the agreement on a revolving basis, but the outstanding balance of unpaid customer receivables to the financial institution cannot exceed the initial program limit of $125.0 million at any given time. As of March 31, 2026, the Company had not yet sold any customer receivables under this agreement.