Accounts Receivable and Sales Concentrations

12 Months Ended

Dec. 31, 2012

Accounts Receivable and Sales Concentrations/Long Term Note Receivable [Abstract]

Accounts Receivable and Sales Concentrations

3) Accounts Receivable and Sales Concentrations

	December 31,
	2012		2011
Trade	$	51,939	$	67,145
Less—allowance for doubtful accounts		311		438
Accounts receivable, net	$	51,628	$	66,707

Activity in the allowance for doubtful accounts is as follows:

Description	Balance at Beginning of Year		Additions		Write- offs			Currency Impacts			Balance at End of Year
December 31, 2012
Allowance for doubtful accounts	$	438	$	98	$	(224	)	$	(1	)	$	311
December 31, 2011
Allowance for doubtful accounts	$	478	$	140	$	(178	)	$	(2	)	$	438
December 31, 2010
Allowance for doubtful accounts	$	473	$	97	$	(81	)	$	(11	)	$	478

For the years ended December 31, 2012, 2011 and 2010, sales to SKF amounted to $124,349, $159,668, and $139,242, respectively, or 34%, 38%, and 38% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2012, 2011 or 2010. SKF was the only customer with accounts receivable concentration in excess of 10% in 2012. SKF and SNR Roulements (“SNR”) were the only customers with accounts receivable concentrations in excess of 10% in 2011. The outstanding balance as of December 31, 2012 and 2011 for SKF was $15,433 and $22,572, respectively. The outstanding balance as of December 31, 2011 for SNR was $6,796. All revenues and receivables related to SKF are in the Metal Bearing Components and Plastic and Rubber Components Segments. All revenues and receivables related to SNR are in the Metal Bearing Components Segment.