Accounts Receivable, Net

9 Months Ended

Sep. 30, 2012

Accounts Receivable, Net

Note 5. Accounts Receivable, Net

Accounts receivable, net, consisted of the following (in thousands):

	September 30, 2012		December 31, 2011
Accounts receivable, gross	$	127,123	$	146,682
Less:
Allowance for sales returns	3,523		4,423
Allowance for doubtful accounts	3,099		2,522
Accounts receivable, net	$	120,501	$	139,737

Our allowance for sales returns includes estimated customer returns and other incentives that are recorded as a reduction of sales. Price exceptions globally are recorded directly to the customers’ accounts instead of an allowance to gross receivables.

One customer accounted for 27% and 19% of our accounts receivable as of September 30, 2012 and December 31, 2011, respectively.