Annual report pursuant to Section 13 and 15(d)

FINANCING RECEIVABLES (Tables)

v2.4.0.6
FINANCING RECEIVABLES (Tables)
 12 Months Ended
Dec. 31, 2011
FINANCING RECEIVABLES  
Schedule of financed receivables including installment receivable amounts which are due subsequent to one year

 

 
    
  
 
   Years ended December 31,  
(in thousands)
   2011
   2010
  
   

Gross Financed Receivables, short-term

   $ 13,350   $ 12,575  

Gross Financed Receivables, long-term

     12,607     11,362  

Allowance for Doubtful Accounts

     (3,000 )   (2,700 )
       

Net Financed Receivables

   $ 22,957   $ 21,237  
   
Schedule of allowance for doubtful accounts related to financing receivables
(in thousands)
   Twelve months ended
December 31, 2011
   Twelve months ended
December 31, 2010
  
   

Balance, beginning of period

   $ 2,700   $ 2,600  

Additions to allowance

     977     995  

Deductions, net of recoveries

     (677 )   (895 )
       

Balance, end of period

   $ 3,000   $ 2,700  
   
Summary of the past due financing receivables

 

(in thousands)
   December 31,
2011
   December 31,
2010
  
   

30 - 59 days past due

   $ 590   $ 833  

60 - 89 days past due

     183     382  

90 days or more past due

     450     370  
       

Total

   $ 1,223   $ 1,585  
   
Summary of the percentage of period-end gross past due financing receivables

 

 
   December 31,
2011
   December 31,
2010
  
   

Current

     95.3 %   93.4 %

30-59 days past due

     2.3 %   3.5 %

60-89 days past due

     0.7 %   1.5 %

90 days or more past due

     1.7 %   1.6 %
       

Total

     100 %   100 %