GNC 2008 Annual Report Download - page 168
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Table of Contents
SCHEDULE II- VALUATION AND QUALIFYING ACCOUNTS
General Nutrition Centers, Inc. and Subsidiaries
Valuation and Qualifying Accounts
Additions
charged
Balance at to costs Balance
beginning and at end of
of period expense Deductions period
(in thousands)
Allowance for doubtful accounts(1)
Twelve months ended December 31, 2004 14,990 8,431 (11,163) 12,258
Twelve months ended December 31, 2005 12,258 9,736 (11,375) 10,619
Twelve months ended December 31, 2006 10,619 4,693 (10,930) 4,381
Twelve months ended December 31, 2007 4,381 2,902 (3,408) 3,875
Inventory Reserves
Twelve months ended December 31, 2004 19,251 17,344 (22,034) 14,561
Twelve months ended December 31, 2005 14,561 3,864 (6,272) 12,153
Twelve months ended December 31, 2006 12,153 3,755 (5,112) 10,796
Twelve months ended December 31, 2007 10,796 3,288 (4,225) 9,859
(1)
These balances are the total allowance for doubtful accounts for trade accounts receivable and the current and long-term franchise note
receivable. 164