Mattel 2012 Annual Report Download - page 121

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SCHEDULE II
MATTEL, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS AND ALLOWANCES
Balance at
Beginning
of Year
Additions
Charged to
Operations
Net
Deductions
and Other
Balance at
End of
Year
(In thousands)
Allowance for Doubtful Accounts:
Year ended December 31, 2012 .............. $ 26,331 $ 15,395(d) $ (8,227)(a) $ 33,499
Year ended December 31, 2011 .............. 21,775 6,160 (1,604)(a) 26,331
Year ended December 31, 2010 .............. 24,530 4,464 (7,219)(a) 21,775
Allowance for Inventory Obsolescence:
Year ended December 31, 2012 .............. $ 39,247 $ 36,209 $ (28,871)(b) $ 46,585
Year ended December 31, 2011 .............. 46,876 33,027 (40,656)(b) 39,247
Year ended December 31, 2010 .............. 40,816 31,118 (25,058)(b) 46,876
Income Tax Valuation Allowances:
Year ended December 31, 2012 .............. $ 42,286 $ 38,740 $ (13,321)(c) $ 67,705
Year ended December 31, 2011 .............. 44,917 7,394 (10,025)(c) 42,286
Year ended December 31, 2010 .............. 112,048 12,120 (79,251)(c) 44,917
(a) Includes write-offs, recoveries of previous write-offs, and currency translation adjustments.
(b) Primarily relates to the disposal of related inventory and raw materials and currency translation
adjustments.
(c) Primarily represents projected utilization and write-offs of loss carryforwards for 2012; the utilization and
write-offs of loss carryforwards for 2011 and the change in the projected utilization of loss carryforwards
due to tax law changes extending the carryover periods in 2011; and projected utilization of foreign tax
credits and utilization and write-offs of loss carryforwards for 2010.
(d) Includes an allowance for doubtful accounts of $12.8 million related to a transaction that was not
recognized in the statement of operations as the transaction did not meet the relevant revenue recognition
criteria.