Accounts Receivable and Sales Concentrations

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

Accounts Receivable and Sales Concentrations

4) Accounts Receivable and Sales Concentrations

	December 31,
	2016		2015
Trade	$	140,754	$	124,226
Less—allowance for doubtful accounts		1,207		1,221
Accounts receivable, net	$	139,547	$	123,005

Activity in the allowance for doubtful accounts is as follows:

	Balance at
	Beginning				Write-			Currency			Balance at
Description	of Year		Additions		offs			Impacts			End of Year
December 31, 2016
Allowance for doubtful accounts	$	1,221	$	142	$	(75	)	$	(81	)	$	1,207
December 31, 2015
Allowance for doubtful accounts	$	520	$	745	$	(8	)	$	(36	)	$	1,221
December 31, 2014
Allowance for doubtful accounts	$	445	$	208	$	(123	)	$	(10	)	$	520

For the years ended December 31, 2016, 2015 and 2014, sales to AB SKF (“SKF”) amounted to $104.2 million, $105.7 million, and $128.0 million, respectively, or 13%, 16%, and 26% of consolidated revenues, respectively. None of our other customers accounted for more than 10% of our net sales in 2016, 2015 or 2014. SKF was the only customer with accounts receivable concentration in excess of 10% in 2016 and 2015. The outstanding balance as of December 31, 2016 and 2015 for SKF was $20.5 million and $16.2 million, respectively. All revenues and receivables related to SKF are in the Precision Bearing Components Group and Precision Engineered Products Group.