Mattel 2014 Annual Report Download - page 126

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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, 2014 .............. $ 20,416 $ 11,507 $ (5,640)(a) $ 26,283
Year ended December 31, 2013 .............. 33,499 4,471 (17,554)(a) 20,416
Year ended December 31, 2012 .............. 26,331 15,395(d) (8,227)(a) 33,499
Allowance for Inventory Obsolescence:
Year ended December 31, 2014 .............. $ 49,113 $ 39,235 $ (41,449)(b) $ 46,899
Year ended December 31, 2013 .............. 46,585 35,027 (32,499)(b) 49,113
Year ended December 31, 2012 .............. 39,247 36,209 (28,871)(b) 46,585
Income Tax Valuation Allowances:
Year ended December 31, 2014 .............. $ 64,641 $ 73,497(e) $ (4,841)(c) $ 133,297
Year ended December 31, 2013 .............. 67,705 6,564 (9,628)(c) 64,641
Year ended December 31, 2012 .............. 42,286 38,740 (13,321)(c) 67,705
(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 2014; projected
utilization and write-offs of loss carryforwards and changes in tax rates for 2013; and projected utilization
and write-offs of loss carryforwards for 2012.
(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.
(e) Includes income tax valuation allowances of $70.9 million related to the acquisition of MEGA Brands that
were not recognized in the statement of operations as the amounts were reflected in the net assets acquired
from MEGA Brands.