Toro 2014 Annual Report Download - page 81

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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, 2014
Allowance for doubtful accounts and notes receivable reserves $3,425 $ (79) $ – $1,865 $1,481
Fiscal year ended October 31, 2013
Allowance for doubtful accounts and notes receivable reserves 3,733 123 – 431 3,425
Fiscal year ended October 31, 2012
Allowance for doubtful accounts and notes receivable reserves 2,040 2,160 12 479 3,733
1
Provision/(recovery).
2
Addition due to acquisitions.
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, 2014
Accrued advertising and marketing programs $64,191 $306,650 $304,672 $66,169
Fiscal year ended October 31, 2013
Accrued advertising and marketing programs 56,264 287,217 279,290 64,191
Fiscal year ended October 31, 2012
Accrued advertising and marketing programs 47,161 214,474 205,371 56,264
1
Provision consists of rebates, cooperative advertising, floor planning costs, commissions, and other promotional program expenses. The expense of each program is classified
either as a reduction of net sales or as a component of selling, general, and administrative expense.
2
Claims paid.
75