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Accounts Receivable and Inventories
 12 Months Ended
Dec. 31, 2014
Accounts Receivable and Inventories [Abstract]  
Accounts Receivable and Inventories
Accounts Receivable and Inventories
Accounts receivable consist of the following:
 
 
Accounts Receivable
(In thousands)
 
December 31
2014
 
December 31
2013
Trade accounts receivable
 
$
340,223

 
$
359,268

Less: Allowance for doubtful accounts
 
(15,119
)
 
(6,638
)
Trade accounts receivable, net
 
$
325,104

 
$
352,630

 
 
 
 
 
Other receivables (a)
 
$
28,145

 
$
45,973

(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, 2014, 2013 and 2012:
 
 
Years Ended December 31
(In thousands)
 
2014
 
2013
 
2012
Provision for doubtful accounts related to trade accounts receivable
 
$
9,892

 
$
10,175

 
$
11,266


Inventories consist of the following:
 
 
Inventories
(In thousands)
 
December 31
2014
 
December 31
2013
Finished goods
 
$
30,525

 
$
23,635

Work-in-process
 
28,690

 
25,698

Raw materials and purchased parts
 
87,985

 
72,743

Stores and supplies
 
31,722

 
34,473

Total inventories
 
$
178,922

 
$
156,549

Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
109,348

 
$
96,162

FIFO basis
 
13,383

 
9,859

Average cost basis
 
56,191

 
50,528

Total inventories
 
$
178,922

 
$
156,549


Inventories valued on the LIFO basis at December 31, 2014 and 2013 were approximately $31 million and $27 million, respectively, less than the amounts of such inventories valued at current costs.
During 2014, 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. During 2013, there was no significant impact on net loss as a result of reducing certain inventory quantities valued on a LIFO basis. During 2012, 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.