ADP 2008 Annual Report Download - page 81

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AUTOMATIC DATA PROCESSING, INC.
AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(In thousands)
81
Column A Column B Column C Column D Column E
Additions
(1) (2)
Balance at Charged to Charged Balance
beginning costs and to other at end of
of period expenses accounts
Deductions period
Year ended June 30, 2008:
Allowance for doubtful accounts:
Current $30,802 $27,693 $- $(20,088)(A) $38,407
Long-term $ 8,297 $ 2,062 $- $ (2,421)(A) $ 7,938
Deferred tax valuation allowance $31,241 $4,116 $15,463(B)(C) $(6,390)(D) $44,430
Year ended June 30, 2007:
Allowance for doubtful accounts:
Current $39,210 $14,095 $- $(22,503)(A) $30,802
Long-term $ 7,696 $ 1,057 $- $ (456)(A) $ 8,297
Deferred tax valuation allowance $21,262 $9,716 $ 263 $- $31,241
Year ended June 30, 2006:
Allowance for doubtful accounts:
Current $38,038 $16,826 $- $(15,654)(A) $39,210
Long-term $ 8,172 $ 1,319 $- $ (1,795)(A) $ 7,696
Deferred tax valuation allowance $19,852 $1,748 $(338)(B) $- $21,262
(A) Doubtful accounts written off, less recoveries on accounts previously written off.
(B) Related to foreign exchange fluctuation.
(C) Related to state deferred tax assets pertaining to net operating loss carryforwards.
(D) Related to surrender in disposition of subsidiaries, mergers and liquidations.