Garmin 2009 Annual Report Download - page 120

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SCHEDULEII‐VALUATIONANDQUALIFYINGACCOUNTS
GarminLtd.andSubsidiaries
(Inthousands)
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Balanceat ChargedtoChargedtoBalanceat
Beginningof CostsandOther Endof
Description Period Expenses Accounts Deductions Period
YearEndedDecember26,2009:
Deductedfromassetaccounts
Allowancefordoubtfulaccounts $42,409 ($1,332) ‐ ($4,404) $36,673
Inventoryreserve 23,204 61,324 ‐ (45,630) $38,898
Deferredtaxasset 34,487 1,468 ‐ (338) 35,617
Total $100,100 $61,460 ‐ ($50,372) $111,188
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
Deferredtaxasset 15,491 18,996 ‐ ‐ 34,487
Total $56,923 $75,812 ‐ ($32,635) $100,100
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
Deferredtaxasset 28,301 1,486 ‐ (14,296) 15,491
Total $53,409 $40,078 ‐ ($36,564) $56,923
Additions
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