XML 82 R34.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Accounts Receivable and Inventories (Tables)
12 Months Ended
Dec. 31, 2019
Accounts Receivable and Inventories [Abstract]  
Schedule of accounts receivable
Accounts receivable consist of the following:
(In thousands)
 
December 31
2019
 
December 31
2018
Trade accounts receivable
 
$
323,502

 
$
251,013

Less: Allowance for doubtful accounts
 
(13,512
)
 
(4,586
)
Trade accounts receivable, net
 
$
309,990

 
$
246,427

Insurance claim receivable (a)
 
$

 
$
30,000

Other receivables (b)
 
$
21,265

 
$
23,770

(a)
Relates to the Lima Refinery litigation. See Note 11, Commitments and Contingencies, for additional information.
(b)
Other receivables include employee receivables, tax claim receivables and other miscellaneous receivables not included in Trade accounts receivable, ne
Schedule of provision for doubtful accounts related to trade accounts receivable
The provision for doubtful accounts related to trade accounts receivable was as follows:
 
 
Years Ended December 31
(In thousands)
 
2019
 
2018
 
2017
Provision for doubtful accounts related to trade accounts receivable
 
$
7,507

 
$
380

 
$
5,211


Schedule of inventories
Inventories consist of the following:
(In thousands)
 
December 31
2019
 
December 31
2018
Finished goods
 
$
14,550

 
$
11,892

Work-in-process
 
13,088

 
20,839

Raw materials and purchased parts
 
104,488

 
61,547

Stores and supplies
 
24,865

 
21,907

Total inventories
 
$
156,991

 
$
116,185

Valued at lower of cost or market:
 
 
 
 
LIFO basis
 
$
101,465

 
$
66,650

FIFO basis
 
7,473

 
5,719

Average cost basis
 
48,053

 
43,816

Total inventories
 
$
156,991

 
$
116,185


Schedule of contracts in process