Accounts Receivable and Inventories

9 Months Ended

Sep. 30, 2016

Accounts receivable consist of the following:



(In thousands)	September 30 2016			December 31 2015
Trade accounts receivable	$	276,625		$	280,526
Less: Allowance for doubtful accounts	(13,091		)	(25,649		)
Trade accounts receivable, net	$	263,534		$	254,877

Other receivables (a)	$	17,595		$	30,395

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

The decrease in Allowance for doubtful accounts in 2016 is due to the write-off of previously reserved accounts receivable balances.

The provision for doubtful accounts related to trade accounts receivable was as follows:



	Three Months Ended					Nine Months Ended
	September 30					September 30
(In thousands)	2016			2015		2016		2015
Provision for doubtful accounts related to trade accounts receivable	$	(93	)	$	10,005	$	84	$	10,615

Inventories consist of the following:



(In thousands)	September 30 2016		December 31 2015
Finished goods	$	30,198	$	32,586
Work-in-process	30,273		30,959
Contracts-in-process	55,675		55,786
Raw materials and purchased parts	67,287		70,755
Stores and supplies	25,262		26,881
Inventories	$	208,695	$	216,967

Contracts-in-process consist of the following:



(In thousands)	September 30 2016		December 31 2015
Contract costs accumulated to date	90,668		55,786
Estimated forward loss provisions for contracts-in-process (a)	(34,993	)	—
Contracts-in-process	55,675		55,786


(a)	To the extent that the estimated forward loss provision exceeds accumulated contract costs it is included in the caption Other current liabilities on the Condensed Consolidated Balance Sheets. At September 30, 2016 this amount totaled $5.5 million.

At September 30, 2016 and December 31, 2015, the Company has $106.8 million and $82.7 million, respectively, of customer advances related to contracts-in-process. These amounts are included in the caption Advances on contracts and other customer advances on the Condensed Consolidated Balance Sheets.