Classmates.com 2007 Annual Report Download - page 130

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UNITED ONLINE, INC.
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
(a)
Balance at
Beginning
of Period
Additions
Charged
(Credited) to
Expense
Charged
to Other
Accounts
Charges
Utilized
(Write-offs)
Balance at
End
of Period
Allowance for doubtful accounts:
Year ended December 31, 2007 $
1,324
$
1,323
$
206
$
(475
)
(b)
$
2,378
Year ended December 31, 2006
$
1,325
$
(298
)
$
300
(a)
$
(3
)
(b)
$
1,324
Year ended December 31, 2005
$
647
$
678
$
—
$
—
$
1,325
Valuation allowance for deferred tax assets:
Year ended December 31, 2007
$
6,850
$
2,546
(e)
$
—
$
(
773
)
(d)
$
8,623
Year ended December 31, 2006
$
4,670
$
3,464
(c)
$
—
$
(
1,284
)
(d)
$
6,850
Year ended December 31, 2005
$
1,938
$
2,732
(c)
$
—
$
—
$
4,670
Represents allowance for doubtful accounts acquired in connection with the acquisition of MyPoints.
(b) Represents specific amounts written off that were considered to be uncollectible.
(c) Represents the increase in valuation allowance primarily due to executive compensation that is limited under Section 162(m) of the Code
and foreign losses, the benefit of which is not currently recognizable due to uncertainty regarding realization.
(d) Represents the release of valuation allowance for executive compensation subject to Section 162(m) of the Code.
(e) Represents the increase in valuation allowance due to executive compensation that is limited under Section 162(m) of the Code and
foreign losses, the benefit of which is not currently recognizable due to uncertainty regarding realization, partially offset by a $0.4 million
reduction for the release of valuation allowance related to net operating losses in connection with the acquisition of Classmates.
F-48