Also from the 10Q:
"Accounts receivable more than 90 days past due increased to 10.2% of gross receivables from 6.4% at December 31, 2012."
Gross receivables were $121.5M on 9/30/13. 10.2% of that is $12.4M. The company has $7.5M reserved as an allowance for doubtful accounts.
Please mortgage your house and short this stock. The accounting card worked very well for shorts last year...
A rising tide lifts all boats, even the ones with holes in them. Eventually they sink though.