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Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2013
Accounting Policies [Abstract] |
Schedule of Foreign Currency Transaction Gains and Losses | The following table summarizes foreign currency transaction gains and losses recognized in the income statement:
(in thousands) | 2013 | 2012 | 2011
Losses/(gains) included in: |  |  |
Selling, general, and administrative expenses | $341 | $1,642 | ($2,677)
Other expense/(income), net | 5,227 | 5,708 | (84)
Total transaction losses/(gains) | $5,568 | $7,350 | ($2,761)
Schedule of Accounts Receivable | As of December 31, 2013 and 2012, Accounts receivable consisted of the following:
(in thousands) | 2013 | 2012
Trade accounts receivable | $154,296 |  | $149,737 |
Revenue in excess of progress billings | 20,525 |  | 17,105 |
Receivables related to the sale of discontinued businesses | - |  | 16,555 |
Less: allowance for doubtful accounts | (11,274 | ) | (11,862 | )
Total Accounts receivable | $163,547 |  | $171,535 |
Schedule of Inventories | As of December 31, 2013 and 2012, inventories consisted of the following:
(in thousands) | 2013 | 2012
Raw materials | $25,754 | $25,082
Work in process | 45,998 | 44,866
Finished goods | 40,987 | 49,235
Total inventories | $112,739 | $119,183

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 + Details
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- Definition Tabular disclosure of the carrying amount as of the balance sheet date of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 2 -Paragraph 6 -Subparagraph a,b,c -Article 5 + Details
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