v2.4.0.8
Reserves for Credit Losses (Tables)
9 Months Ended
Sep. 30, 2013
Receivables [Abstract]  
Aging of Accounts Receivable
The following table presents the Company’s aging of accounts receivable:
 
Age Analysis of Past Due Financing Receivables, Gross
as of September 30, 2013, and September 30, 2012
 
Current
and Less
Than 30
Days Past
Due
 
30-59 Days
Past Due
 
60-89 Days
Past Due
 
Greater
Than
90 Days
Past
Due
 
Total
2013
 
 
 
 
 
 
 
 
 
Accounts receivable, trade
$
1,852,563

 
$
50,691

 
$
10,718

 
$
8,596

 
$
1,922,568

Percent of total
96.4
%
 
2.6
%
 
0.6
%
 
0.4
%
 
 
2012
 
 
 
 
 
 
 
 
 
Accounts receivable, trade
$
1,595,483

 
$
32,031

 
$
6,123

 
$
7,130

 
$
1,640,767

Percent of total
97.2
%
 
2.0
%
 
0.4
%
 
0.4
%
 
 
Changes in Reserves for Credit Losses Related to Accounts Receivable
The following table presents changes in reserves for credit losses related to accounts receivable:
 
Nine months ended 
 September 30,
 
2013
 
2012
Balance, beginning of period
$
11,709

 
$
11,526

Provision for credit losses
13,686

 
14,874

Charge-offs
(21,150
)
 
(20,397
)
Recoveries of amounts previously charged-off
5,031

 
4,065

Currency translation
(322
)
 

Balance, end of period
$
8,954

 
$
10,068