Harley Davidson 2013 Annual Report Download - page 111

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111
Schedule II
HARLEY-DAVIDSON, INC.
CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS
Years ended December 31, 2013, 2012 and 2011
(In thousands)
2013 2012 2011
Accounts receivable – allowance for doubtful accounts
Balance at beginning of period $ 4,954 $ 4,952 $ 10,357
Provision charged to expense 245 424 1,408
Reserve adjustments (136)(401)(6,633)
Write-offs, net of recoveries (103)(21)(180)
Balance at end of period $ 4,960 $ 4,954 $ 4,952
Finance receivables – allowance for credit losses
Balance at beginning of period $ 107,667 $ 125,449 $ 173,589
Provision for credit losses 60,008 22,239 17,031
Charge-offs, net of recoveries (56,982)(40,021)(65,171)
Balance, end of period $ 110,693 $ 107,667 $ 125,449
Inventories – allowance for obsolescence(a)
Balance at beginning of period $ 22,936 $ 23,204 $ 34,180
Provision charged to expense 5,254 9,489 4,885
Reserve adjustments (1,281)(696)(466)
Write-offs, net of recoveries (9,446)(9,061)(15,395)
Balance at end of period $ 17,463 $ 22,936 $ 23,204
Deferred tax assets – valuation allowance
Balance at beginning of period $ 16,314 $ 14,914 $ 27,048
Adjustments 5,504 1,400 (12,134)
Balance at end of period $ 21,818 $ 16,314 $ 14,914
(a) Inventory obsolescence reserves deducted from cost determined on first-in first-out (FIFO) basis, before deductions for
last-in, first-out (LIFO) valuation reserves.