GNC 2012 Annual Report Download - page 118

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Table of Contents
Financial statement schedule:
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
GNC Holdings, Inc. and Subsidiaries
Valuation and Qualifying Accounts
Allowance for Doubtful Accounts(1)
Year ended December 31,
2011 2010 2009
(in thousands)
Balance at beginning of period $ 1,564 $ 1,789 $ 4,388
Additions—charged to costs and expense 2,989 4,279 3,442
Deductions(2) (2,261) (4,504) (6,041)
Balance at end of period $ 2,292 $ 1,564 $ 1,789
Tax Valuation Allowances
Year ended December 31,
2011 2010 2009
(in thousands)
Balance at beginning of period $ 4,418 $ 7,530 $ 11,990
Additions-charged to costs and expense 44 165 264
Deductions (1,516) (3,277) (4,724)
Balance at end of period $ 2,946 $ 4,418 $ 7,530
These balances are the total allowance for doubtful accounts for trade accounts receivable and the current and long-term
franchise notes receivable.
Deductions for the allowance for doubtful accounts represent: accounts receivable reserve adjustments, resulting from applying
our standard policy; reductions to franchise receivable reserves for franchise take-backs and customer product returns; and the
collection of previously reserved receivables.
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113
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