Accounts Receivable

12 Months Ended

Dec. 31, 2014

Accounts Receivable [Abstract]

ACCOUNTS RECEIVABLE

Note 6.

Accounts Receivable

Accounts receivable from continuing operations at December 31, 2014 and 2013 are summarized as follows:

		2014		2013
Trade	$	90,494	$	98,474
Allowance for doubtful accounts		(1,036)		(1,099)
		89,458		97,375
Other		720		1,062
	$	90,178	$	98,437

Bad debt expense/(recovery) was $462, $236 and $ (319) in 2014, 2013, and 2012, respectively.

The Company’s customers are principally in the Rail, Construction, and Tubular Products segments of the economy.  As of December 31, 2014 and 2013, trade receivables, net of allowance for doubtful accounts, from customers in these markets were as follows:

		2014		2013
Rail Products	$	45,931	$	57,342
Construction Products		33,760		35,711
Tubular Products		9,767		4,322
	$	89,458	$	97,375

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.