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TRADE ACCOUNTS RECEIVABLE, NET
 6 Months Ended
Jun. 30, 2013
Receivables [Abstract]  
TRADE ACCOUNTS RECEIVABLE, NET

NOTE 5 — TRADE ACCOUNTS RECEIVABLE, NET

Trade accounts receivable, net consisted of the following as of:

 

(Dollars in thousands)    June 30,
2013		     December 31,
2012		  

Trade accounts receivable

    $ 5,150      $ 3,803   

Sales returns and allowances

      (211 )      (161 ) 
  

 

 

    

 

 

  
     4,939        3,642   

Allowance for uncollectible accounts

      (35 )      (35 ) 
  

 

 

    

 

 

  

Trade accounts receivable, net

    $ 4,904      $ 3,607   
  

 

 

    

 

 

  

At June 30, 2013 and December 31, 2012, all of the trade receivables of Industrial Supply, totaling $5.2 million and $3.8 million, respectively, were pledged as collateral to secure outstanding balances on the Company’s line of credit and term loan.