Accounts Receivable and Sales Concentrations

12 Months Ended

Dec. 31, 2013

Receivables [Abstract]

Accounts Receivable and Sales Concentrations

3) Accounts Receivable and Sales Concentrations

	December 31,
	2013		2012
Trade	$	59,374	$	51,939
Less - allowance for doubtful accounts		445		311
Accounts receivable, net	$	58,929	$	51,628

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, 2013
Allowance for doubtful accounts	$	311	$	177	$	(47	)	$	4		$	445
December 31, 2012
Allowance for doubtful accounts	$	438	$	98	$	(224	)	$	(1	)	$	311
December 31, 2011
Allowance for doubtful accounts	$	478	$	140	$	(178	)	$	(2	)	$	438

For the years ended December 31, 2013, 2012 and 2011, sales to SKF amounted to $132,654, $124,349 and $159,668, respectively, or 36%, 34%, and 38% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2013, 2012 or 2011. SKF and NTN/SNR were the only customers with accounts receivable concentration in excess of 10% in 2013 and 2012. The outstanding balance as of December 31, 2013 and 2012 for SKF was $17,005 and $15,433, 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.