XML 31 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1
Accounts Receivable
12 Months Ended
Dec. 31, 2016
Accounts Receivable [Abstract]  
Accounts Receivable



Note 5.



Accounts Receivable



Accounts receivable at December 31, 2016 and 2015 are summarized as follows:





 

 

 

 



 

 

 

 

2016

 

2015

 

 

 

Trade

$

64,707 

$

79,100 

Allowance for doubtful accounts

 

(1,417)

 

(1,485)



 

63,290 

 

77,615 

Other

 

3,342 

 

872 

 

$

66,632 

$

78,487 



The Company’s customers are principally in the transportation and energy infrastructure sectors.  At December 31, 2016 and 2015, trade receivables, net of allowance for doubtful accounts, from customers were as follows:





 

 

 

 



 

 

 

 

 

 

2016

 

2015

 

 

 

Rail Products and Services

$

29,552 

$

43,155 

Construction Products

 

20,531 

 

20,489 

Tubular and Energy Services

 

13,207 

 

13,971 



$

63,290 

$

77,615 





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