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Accounts Receivable, Sales and Allowances (Tables)
 9 Months Ended
Sep. 30, 2017
Receivables [Abstract]  
Summary of net trade accounts receivable
Net trade accounts receivable consists of the following (in thousands):
 
September 30,
2017
 
December 31,
2016
Gross accounts receivable (1)
$
405,379

 
$
519,175

Less reserves for:
 
 
 
Chargebacks (2)
(65,522
)
 
(80,360
)
Rebates (2)
(94,743
)
 
(97,935
)
Product returns
(45,666
)
 
(43,689
)
Discounts and allowances
(9,045
)
 
(12,389
)
Advertising and promotions
(954
)
 
(688
)
Doubtful accounts
(610
)
 
(960
)
Trade accounts receivable, net
$
188,839

 
$
283,154



(1) The reduction in the Gross accounts receivable balance as of September 30, 2017 when compared to the December 31, 2016 balance is due to higher Gross sales in the last two months of the fourth quarter of 2016 compared to the last two months of the third quarter of 2017.

(2) The reductions in the Chargebacks and Rebates balances as of September 30, 2017 when compared to the December 31, 2016 balance were primarily due to product mix, customer mix, price erosion and volume declines and payment timing. The price erosion and volume declines were due to increased industry pricing pressure and the competitive nature of our business.
Schedule of adjustments to gross sales
For the three and nine month periods ended September 30, 2017 and 2016, the Company recorded the following adjustments to gross sales (in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2017
 
2016
 
2017
 
2016
Gross sales
$
586,351

 
$
787,808

 
$
1,833,998

 
$
2,089,567

Less adjustments for:
 
 
 
 
 
 
 
Chargebacks (1)
(236,701
)
 
(347,106
)
 
(754,137
)
 
(856,699
)
Rebates, administrative and other fees (1)
(127,904
)
 
(130,429
)
 
(362,042
)
 
(321,718
)
Product returns
(6,187
)
 
(7,970
)
 
(22,721
)
 
(31,056
)
Discounts and allowances
(11,343
)
 
(15,014
)
 
(35,095
)
 
(40,185
)
Advertising, promotions and others
(1,788
)
 
(3,194
)
 
(5,015
)
 
(6,733
)
Revenues, net
$
202,428

 
$
284,095

 
$
654,988

 
$
833,176



(1) The decreases in chargebacks and rebates, administrative and other fees for the three month periods ended September 30, 2017 as compared to the same period in 2016, were primarily due to product mix, customer mix, price erosion and volume declines. For the nine months ended September 30, 2017 as compared to the same period in 2016, the decrease in chargebacks and increase in rebates, administrative and other fees were primarily due to product mix, customer mix, price erosion and volume declines. The price erosion and volume declines were due to increased industry pricing pressure and the competitive nature of our business.