Accounts Receivable and Inventories

12 Months Ended

Dec. 31, 2013

Accounts Receivable and Inventories [Abstract]

Accounts receivable consist of the following:



	Accounts Receivable
(In thousands)	December 31 2013			December 31 2012
Trade accounts receivable	$	359,819		$	617,517
Less: Allowance for doubtful accounts	(6,638		)	(17,253		)
Trade accounts receivable, net	$	353,181		$	600,264

Other receivables (a)	$	46,470		$	39,836


(a)	Other receivables include insurance claim receivables, employee receivables, tax claim receivables and other miscellaneous receivables not included in Trade accounts receivable, net.

The following table reflects the provision for doubtful accounts related to trade accounts receivable for the years ended December 31, 2013, 2012 and 2011:



	Years Ended December 31
(In thousands)	2013		2012		2011
Provision for doubtful accounts related to trade accounts receivable	$	10,175	$	11,266	$	7,880

Inventories consist of the following:



	Inventories
(In thousands)	December 31 2013		December 31 2012
Finished goods	$	23,112	$	69,904
Work-in-process	25,623		28,944
Raw materials and purchased parts	72,118		99,058
Stores and supplies	34,836		38,606
Total inventories	$	155,689	$	236,512
Valued at lower of cost or market:
LIFO basis	$	94,939	$	108,633
FIFO basis	9,859		14,641
Average cost basis	50,891		113,238
Total inventories	$	155,689	$	236,512

Inventories valued on the LIFO basis at December 31, 2013 and 2012 were approximately $28.4 million and $28.5 million, respectively, less than the amounts of such inventories valued at current costs.

During 2013, there was no significant impact on net loss as a result of reducing certain inventory quantities valued on a LIFO basis. As a result of reducing certain inventory quantities valued on the LIFO basis, net loss decreased from that which would have been recorded under the FIFO basis of valuation by $0.1 million and $0.1 million in 2012 and 2011, respectively.

The decreases in Accounts receivable and Inventories since December 31, 2012, primarily relates to the consummation of the Infrastructure transaction. See Note 3, Acquisitions and Dispositions, for additional information related to the Infrastructure transaction.