Toro 2009 Annual Report Download - page 74

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SCHEDULE II
THE TORO COMPANY AND SUBSIDIARIES
Valuation and Qualifying Accounts
Balance as of Charged to Balance as of
the beginning costs and the end of
(Dollars in thousands) of the fiscal year expenses
1
Other
2
Deductions
3
the fiscal year
Fiscal year ended October 31, 2009
Allowance for doubtful accounts and notes receivable reserves $2,726 $1,811 $ – $ 386 $4,151
Fiscal year ended October 31, 2008
Allowance for doubtful accounts and notes receivable reserves 4,147 (291) – 1,130 2,726
Fiscal year ended October 31, 2007
Allowance for doubtful accounts and notes receivable reserves 2,839 1,237 186 115 4,147
1
Provision/(recovery).
2
Addition, net due to acquisitions and divestitures.
3
Uncollectible accounts charged off.
Balance as of Charged to Balance as of
the beginning costs and the end of
(Dollars in thousands) of the fiscal year expenses
1
Deductions
2
the fiscal year
Fiscal year ended October 31, 2009
Accrued advertising and marketing programs $48,412 $187,724 $190,838 $45,298
Fiscal year ended October 31, 2008
Accrued advertising and marketing programs 53,765 202,435 207,788 48,412
Fiscal year ended October 31, 2007
Accrued advertising and marketing programs 50,124 203,806 200,165 53,765
1
Provision consists of rebates, cooperative advertising, floor planning costs, commissions, and other promotional program expenses. The expense of each program is either
classified as a reduction of net sales or as a component of selling, general, and administrative expense.
2
Claims paid.
68