Accounts Receivable and Sales Concentrations

12 Months Ended

Dec. 31, 2015

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).