Pitney Bowes 2011 Annual Report Download - page 106

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88
PITNEY BOWES INC.
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
(Dollars in thousands)
FOR THE YEARS ENDED DECEMBER 31, 2009 TO 2011
Balance at Balance at
Description beginning of year Additions Deductions end of year
Allowance for doubtful accounts
2011 $ 31,880 $ 9,161 (1) $ (9,186) (2) $ 31,855
2010 $ 42,781 $ 9,266 (1) $ (20,167) (2) $ 31,880
2009 $ 45,264 $ 10,516 (1) $ (12,999) (2) $ 42,781
Valuation allowance for deferred tax asset
2011 $ 104,441 $ 16,709 $ (9,712) $ 111,438
2010 $ 95,990 $ 22,168 $ (13,717) $ 104,441
2009 $ 91,405 $ 5,628 $ (1,043) $ 95,990
(1) Includes additions charged to expenses, additions from acquisitions and impact of foreign exchange translation.
(2) Includes uncollectible accounts written off.