ADP 2009 Annual Report Download - page 77

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AUTOMATIC DATA PROCESSING, INC.
AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(A) Doubtful accounts written off, less recoveries on accounts previously written off.
(B) Includes amounts related to foreign exchange fluctuation.
(C) Related to state deferred tax assets pertaining to net operating loss carryforwards.
(D) Related to surrender in disposition of subsidiaries, mergers and liquidations.
77
(In thousands)
Column A
Column B Column C Column D
Column E
Additions
(1) (2)
Balance at Charged to Charged Balance
beginning costs and to other at end of
of period expenses accounts Deductions period
Year ended June 30, 2009:
Allowance for doubtful accounts:
Current $38,407 $48,232 $ -- $ (38,808)(A) $47,831
Long-term $ 7,938 $ 17,949 $ -- $ (7,853)(A) $ 18,034
Deferred tax valuation allowance $44,430 $21,243 $(4,563)(B) $ (9,420) $ 51,690
Year ended June 30, 2008:
Allowance for doubtful accounts:
Current $30,802 $27,693 $-- $(20,088)(A) $38,407
Long-term $ 8,297 $ 2,062 $ -- $ (2,421)(A) $ 7,938
Deferred tax valuation allowance $31,241 $4,116 $15,463(B)(C) $(6,390)(D) $44,430
Year ended June 30, 2007:
Allowance for doubtful accounts:
Current $39,210 $14,095 $-- $(22,503)(A) $30,802
Long-term $ 7,696 $ 1,057 $ -- $ (456)(A) $ 8,297
Deferred tax valuation allowance $21,262 $9,716 $ 263 $ -- $31,241