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Accounts Receivable and Inventories | 12 Months Ended
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Dec. 31, 2012
Accounts Receivable and Inventories [Abstract] |
Accounts Receivable and Inventories | Accounts Receivable and Inventories Accounts receivable consist of the following:
|  | Accounts Receivable
(In thousands) |  | December 31 2012 |  | December 31 2011
Trade accounts receivable |  | $ | 617,517 |  |  | $ | 636,304 |
Less: Allowance for doubtful accounts |  | (17,253 | ) |  | (17,829 | )
Trade accounts receivable, net |  | $ | 600,264 |  |  | $ | 618,475 |
Other receivables (a) |  | $ | 39,836 |  |  | $ | 44,431 |
(a) | Other receivables include insurance claim receivables, employee receivables, tax claim receivables and other miscellaneous receivables not included in Trade accounts receivable, net.
The provision for doubtful accounts related to trade accounts receivable for the years ended December 31, 2012, 2011 and 2010:
|  | Years Ended December 31
(In thousands) |  | 2012 |  | 2011 |  | 2010
Provision for doubtful accounts related to trade accounts receivable |  | $ | 11,266 |  |  | $ | 7,880 |  |  | $ | 9,962 |
Inventories consist of the following:
|  | Inventories
(In thousands) |  | December 31 2012 |  | December 31 2011
Finished goods |  | $ | 69,904 |  |  | $ | 78,445 |
Work-in-process |  | 28,944 |  |  | 34,041 |
Raw materials and purchased parts |  | 99,058 |  |  | 92,995 |
Stores and supplies |  | 38,606 |  |  | 36,453 |
Total inventories |  | $ | 236,512 |  |  | $ | 241,934 |
Valued at lower of cost or market: |  |  |  |
LIFO basis |  | $ | 108,633 |  |  | $ | 115,523 |
FIFO basis |  | 14,641 |  |  | 13,087 |
Average cost basis |  | 113,238 |  |  | 113,324 |
Total inventories |  | $ | 236,512 |  |  | $ | 241,934 |
Inventories valued on the LIFO basis at December 31, 2012 and 2011 were approximately $28.5 million and $28.6 million, respectively, less than the amounts of such inventories valued at current costs. As a result of reducing certain inventory quantities valued on the LIFO basis, net income increased from that which would have been recorded under the FIFO basis of valuation by $0.1 million, $0.1 million and $0.4 million in 2012, 2011 and 2010, respectively.

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- Definition Disclosure itemizing the various types of trade accounts receivable and other receivables, including the gross carrying value, allowance, and net carrying value as of the balance sheet date. Also includes the disclosure related to inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. + References No definition available. + Details
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