JetBlue Airlines 2012 Annual Report Download - page 86

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JETBLUE AIRWAYS CORPORATION-2012 10K82
PART IV
ITEM 15Exhibits and Financial Statement Schedules
JetBlue Airways Corporation
Schedule II Valuation and Qualifying Accounts
(in thousands)
Description
Balanceat
beginningof
period
Additions
Deductions Balanceat
endof period
Chargedto
Costs and
Expenses
Chargedto
Other
Accounts
Year Ended December31, 2012
Allowances deducted from asset accounts:
Allowance for doubtful accounts $ 7,586 $ 5,472 $ — $ 6,465(1) $ 6,593
Allowance for obsolete inventory parts 3,886 1,250 — 90(3) 5,046
Valuation allowance for deferred tax assets 20,872 — — 604(2) 20,268
Year Ended December31, 2011
Allowances deducted from asset accounts:
Allowance for doubtful accounts $ 6,172 $ 7,017 $ — $ 5,603(1) $ 7,586
Allowance for obsolete inventory parts 3,636 1,026 — 776(3) 3,886
Valuation allowance for deferred tax assets 20,672 254 — 54(2) 20,872
Year Ended December31, 2010
Allowances deducted from asset accounts:
Allowance for doubtful accounts $ 5,660 $ 7,471 $ — $ 6,959(1) $ 6,172
Allowance for obsolete inventory parts 3,373 1,018 — 755(3) 3,636
Valuation allowance for deferred tax assets 24,631 — — 3,959(2) 20,672
(1) Uncollectible accounts written off, net of recoveries.
(2) Attributable to recognition and write-off of deferred tax assets.
(3) Inventory scrapped.