Annual report pursuant to Section 13 and 15(d)

TRADE RECEIVABLES

v3.8.0.1
TRADE RECEIVABLES
12 Months Ended
Dec. 31, 2017
Receivables [Abstract]  
TRADE RECEIVABLES
TRADE RECEIVABLES:
The Allowance for Doubtful Accounts is principally calculated based on the application of estimated loss percentages to delinquency aging totals, based on contractual terms, for the various categories of receivables. Bad debt write-offs occur according to Company policies that are specific to pest control, commercial and termite accounts.

December 31,
2017
 
2016
(in thousands)
 
 
 
Gross trade receivables
$
109,616

 
$
99,933

Allowance for doubtful accounts
(11,814
)
 
(11,443
)
Net trade receivables
$
97,802

 
$
88,490


At any given time, the Company may have immaterial amounts due from related parties, which are invoiced and settled on a regular basis.