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Accounts Receivable and Sales Concentrations | 12 Months Ended
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Dec. 31, 2015
Receivables [Abstract] |
Accounts Receivable and Sales Concentrations |
4) | Accounts Receivable and Sales Concentrations
|  | December 31, |
|  | 2015 |  |  | 2014 |
Trade |  | $ | 123,689 |  |  | $ | 98,030 |
Less - allowance for doubtful accounts |  |  | 684 |  |  |  | 520 |
Accounts receivable, net |  | $ | 123,005 |  |  | $ | 97,510 |
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, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 520 |  |  | $ | 208 |  |  | $ | (8 | ) |  | $ | (36 | ) |  | $ | 684 |
December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 445 |  |  | $ | 208 |  |  | $ | (123 | ) |  | $ | (10 | ) |  | $ | 520 |
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts |  | $ | 311 |  |  | $ | 177 |  |  | $ | (47 | ) |  | $ | 4 |  |  | $ | 445 |
For the years ended December 31, 2015, 2014 and 2013, sales to SKF amounted to $105.7 million, $128.0 million, and $132.7 million, respectively, or 16%, 26%, and 36% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2015, 2014 or 2013. SKF was the only customer with accounts receivable concentration in excess of 10% in 2015 and 2014. The outstanding balance as of December 31, 2015 and 2014 for SKF was $16.2 million and $17.5 million, respectively. All revenues and receivables related to SKF are in the Precision Bearing Components Group and Precision Engineered Products Group (formerly known as “Plastic and Rubber Components Group).

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- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5066-111524 Reference 2: 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 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5162-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=49124121&loc=d3e5074-111524 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 + Details
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