Annual report pursuant to Section 13 and 15(d)

FINANCING RECEIVABLES (Tables)

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FINANCING RECEIVABLES (Tables)
 12 Months Ended
Dec. 31, 2013
Financing Receivables  
Schedule of financed receivables including installment receivable amounts which are due subsequent to one year

Financing receivables include installment receivable amounts which are due subsequent to one year from the balance sheet dates.

 

 

At December 31,   2013   2012
(in thousands)        
Gross Financing Receivables, short-term   $ 13,997     $ 13,665  
Gross Financing Receivables, long-term     13,031       13,089  
Allowance for Doubtful Accounts     (3,200 )     (3,250 )
Net Financing Receivables   $ 23,828     $ 23,504  
Schedule of allowance for doubtful accounts related to financing receivables

The allowance for doubtful accounts related to financing receivables was as follows:

 

 

At December 31,   2013   2012
(in thousands)        
Balance, beginning of period   $ 3,250     $ 3,000  
Additions to allowance     626       906  
Deductions, net of recoveries     (676 )     (656 )
Balance, end of period   $ 3,200     $ 3,250  

 

 
Summary of the past due financing receivables

The following is a summary of the past due financing receivables:

 

December 31,   2013   2012
(in thousands)        
30-59 days past due   $ 1,185     $ 563  
60-89 days past due     251       190  
90 days or more past due     355       331  
Total   $ 1,791     $ 1,084  

 
Summary of the percentage of period-end gross past due financing receivables

The following is a summary of percentage of gross financing receivables:

 

December 31,   2013   2012
Current     93.4 %     95.9 %
30-59 days past due     4.4 %     2.1 %
60-89 days past due     0.8 %     0.7 %
90 days or more past due     1.4 %     1.3 %
Total     100.0 %     100.0 %