SkyWest Airlines 2004 Annual Report Download - page 60

Download and view the complete annual report

Please find page 60 of the 2004 SkyWest Airlines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 68

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68

58
SKYWEST, INC. AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
For the Years Ended December 31, 2004, 2003 and 2002
(Dollars in thousands)
Description
Balance at
Beginning
of Year
Additions
Charged to
Costs and
Expenses Deductions
Balance
at End
of Year
Year Ended December 31, 2004:
Allowance for inventory obsolescence $ 1,926 $ 505 $ (398) $ 2,033
Allowance for doubtful accounts receivable 59 540 (575) 24
$ 1,985 $ 1,045 $ (973) $ 2,057
Year Ended December 31, 2003:
Engine overhaul accrual
Allowance for inventory obsolescence $ 480 $ 1,446 $ — $ 1,926
Allowance for doubtful accounts receivable 723 14 (678) 59
$ 1,203 $ 1,460 $ (678) 1,985
Year Ended December 31, 2002:
Engine overhaul accrual $ 14,081 $ — $ (14,081) $ —
Allowance for inventory obsolescence 480 — — 480
Allowance for doubtful accounts receivable 63 690 (30) 723
$ 14,624 $ 690 $ (14,111) $ 1,203