Annual report pursuant to Section 13 and 15(d)

TRADE RECEIVABLES

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TRADE RECEIVABLES
 12 Months Ended
Dec. 31, 2011
TRADE RECEIVABLES  
TRADE RECEIVABLES

4.     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.

 
    
  
 
   Years ended December 31,  
(in thousands)
   2011
   2010
  
   

Gross Trade Receivables, short-term

   $ 68,425   $ 66,083  

Allowance for Doubtful Accounts

     (6,738 )   (6,694 )
       

Net Trade Receivables

   $ 61,687   $ 59,389  
   

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