Garmin 2008 Annual Report Download - page 111
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89
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
Garmin Ltd. and Subsidiaries
(In thousands)
Balance at Charged to Charged to Balance at
Beginning of Costs and Other End of
Description Period Expenses Accounts Deductions Period
Year Ended December 27, 2008:
Deducted from asset accounts
Allowance for doubtful accounts $10,246 $32,355 - ($192) $42,409
Inventory reserve 31,186 24,461 - (32,443) 23,204
Total $41,432 $56,816 - ($32,635) $65,613
Year Ended December 29, 2007:
Deducted from asset accounts
Allowance for doubtful accounts $5,340 $3,617 - $1,289 $10,246
Inventory reserve 19,768 34,975 - (23,557) 31,186
Total $25,108 $38,592 - ($22,268) $41,432
Year Ended December 30, 2006:
Deducted from asset accounts
Allowance for doubtful accounts $4,226 $955 - $159 $5,340
Inventory reserve 14,756 23,245 - (18,233) 19,768
Total $18,982 $24,200 - ($18,074) $25,108
Additions