Annual report pursuant to Section 13 and 15(d)

TRADE RECEIVABLES

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TRADE RECEIVABLES
12 Months Ended
Dec. 31, 2014
Receivables [Abstract]  
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.

 

 

December 31,   2014     2013  
(in thousands)            
Gross Trade Receivables, short-term   $ 88,798     $ 81,927  
Allowance for Doubtful Accounts     (10,944 )     (9,078 )
Net Trade Receivables   $ 77,854     $ 72,849  

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