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Accounts Receivable and Sales Concentrations
 12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
Accounts Receivable and Sales Concentrations
4) Accounts Receivable and Sales Concentrations

 

     December 31,  
     2014      2013  

Trade

    $ 98,030       $ 59,374   

Less - allowance for doubtful accounts

      520         445   
  

 

 

     

 

 

  

Accounts receivable, net

 $ 97,510    $ 58,929   
  

 

 

     

 

 

  

Activity in the allowance for doubtful accounts is as follows:

 

Description

    Balance at
Beginning
of Year		      Additions      Write-
offs		     Currency
Impacts		     Balance at
End of Year		  

December 31, 2014

             

Allowance for doubtful accounts

    $ 445       $ 208       $ (123 )    $ (10 )    $ 520   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

December 31, 2013

Allowance for doubtful accounts

 $ 311    $ 177    $ (47 )  $ 4    $ 445   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

December 31, 2012

Allowance for doubtful accounts

 $ 438    $ 98    $ (224 )  $ (1 )  $ 311   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

For the years ended December 31, 2014, 2013 and 2012, sales to SKF amounted to $127,946, $132,654, and $124,349 respectively, or 26%, 36%, and 34% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2014, 2013 or 2012. SKF and NTN/SNR were the only customers with accounts receivable concentration in excess of 10% in 2014 and 2013. The outstanding balance as of December 31, 2014 and 2013 for SKF was $17,510 and $17,005, respectively. The outstanding balance as of December 31, 2013 for NTN/SNR was $6,893. All revenues and receivables related to SKF are in the Metal Bearing Components and Plastic and Rubber Components Segments. All revenues and receivables related to SNR are in the Metal Bearing Components Segment.