2K Sports 2004 Annual Report Download - page 71

Download and view the complete annual report

Please find page 71 of the 2004 2K Sports annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 80

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

SCHEDULE II
Take-Two Interactive Software, Inc. and Subsidiaries
Valuation and Qualifying Accounts
(In thousands)
Additions (A)
Description
Balance
at
Beginning
of Period
Revenue
Reductions
(D)
Expenses and
Other Costs
(E) Deductions (B) Other (C)
Balance
at End
of Period
Year Ended October 31, 2004
Allowances ................ $62,817 $174,150 $26,532 $194,667 $3,383 $72,215
Year Ended October 31, 2003
Allowances ................ $30,806 $112,682 $11,969 $ 94,937 $2,297 $62,817
Year Ended October 31, 2002
Allowances ................ $32,350 $ 62,522 $11,979 $ 76,714 $ 669 $30,806
(A) Includes increases in allowance for sales returns and doubtful accounts due to normal reserving terms.
(B) Includes actual write-offs of uncollectible accounts receivable or sales returns and recoveries of
previously written off receivables.
(C) Includes $2,265 of which $1,118 related to acquisitions, $2,297 and $669 related to foreign exchange in
2004, 2003 in 2002.
(D) Includes price concessions of $57,287, $45,919 and $29,513; returns of $66,066, $47,342 and $28,350;
other sales allowances including rebates and discounts of $50,797, $19,421 and $4,659 for the year ended
October 31, 2004, 2003 and 2002, respectively.
(E) Includes $22,137, $7,647 and $9,574 related to cooperative advertising for the year ended October 31,
2004, 2003 and 2002. Also includes $4,395, $4,322 and $2,405 related to allowance for bad debts for the
year ended October 31, 2004, 2003 and 2002.
63