Accounts Receivable

12 Months Ended

Dec. 31, 2013

Accounts Receivable [Abstract]

ACCOUNTS RECEIVABLE

Note 6.

Accounts Receivable

Accounts receivable from continuing operations at December 31, 2013 and 2012 are summarized as follows:

		2013		2012
Trade	$	98,474	$	59,308
Allowance for doubtful accounts		(1,099)		(899)
		97,375		58,409
Other		1,062		1,264
	$	98,437	$	59,673

Bad debt expense/(recovery) was $236, $(319) and $275 in 2013, 2012 and 2011, respectively.

The Company’s customers are principally in the Rail, Construction and Tubular Products segments of the economy.  As of December 31, 2013 and 2012, trade receivables, net of allowance for doubtful accounts, from customers in these markets were as follows:

		2013		2012
Rail Products	$	57,342	$	34,886
Construction Products		35,711		18,677
Tubular Products		4,322		4,846
	$	97,375	$	58,409

Credit is extended based upon an evaluation of the customer’s financial condition and while collateral is not required, the Company often receives surety bonds that guarantee payment.  Credit terms are consistent with industry standards and practices.