Harley Davidson 2015 Annual Report Download - page 111

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111
Schedule II
HARLEY-DAVIDSON, INC.
CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS
Years ended December 31, 2015, 2014 and 2013
(In thousands)
2015 2014 2013
Accounts receivable – allowance for doubtful accounts
Balance, beginning of period $ 3,458 $ 4,960 $ 4,954
Provision charged to expense 266 (471) 245
Reserve adjustments (276)(394)(136)
Write-offs, net of recoveries (543)(637)(103)
Balance, end of period $ 2,905 $ 3,458 $ 4,960
Finance receivables – allowance for credit losses
Balance, beginning of period $ 127,364 $ 110,693 $ 107,667
Provision for credit losses 101,345 80,946 60,008
Charge-offs, net of recoveries (81,531)(64,275)(56,982)
Balance, end of period $ 147,178 $ 127,364 $ 110,693
Inventories – allowance for obsolescence(a)
Balance, beginning of period $ 17,775 $ 17,463 $ 22,936
Provision charged to expense 19,564 19,044 5,254
Reserve adjustments (1,028)(399)(1,281)
Write-offs, net of recoveries (9,571)(18,333)(9,446)
Balance, end of period $ 26,740 $ 17,775 $ 17,463
Deferred tax assets – valuation allowance
Balance, beginning of period $ 25,462 $ 21,818 $ 16,314
Adjustments (4,803) 3,644 5,504
Balance, end of period $ 20,659 $ 25,462 $ 21,818
(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.