Avid 1996 Annual Report Download - page 47

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F-1
AVID TECHNOLOGY, INC.
SCHEDULE II - Supplemental Valuation and Qualifying Accounts
Years ended December 31, 1996, 1995 and 1994
Additions
Description
Balance at
beginning of
period
Charged to
costs and
expenses
Charged to
other
accounts Deductions
Balance at
end of
period
Allowance for doubtful accounts
December 31, 1996 $6,011,617 $5,599,130 $792,927 $(5,444,431) (a) $6,959,243
December 31, 1995 2,307,817 4,304,775 179,578 (780,553) (a) 6,011,617
December 31, 1994 953,281 1,675,780 162,954 (c) (484,198) (a) 2,307,817
Sales returns and allowances
December 31, 1996 $460,595 $283,478 (b) $(184,473) (a) $559,600
December 31, 1995 846,936 35,837 (b) (422,178) (a) 460,595
December 31, 1994 316,763 $834,709 (b) (304,536) (a) 846,936
Inventory valuation allowance
December 31, 1996 $9,780,463 $22,925,413 $(24,333,416) (a) $8,372,460
December 31, 1995 5,462,514 10,089,567 $972,371 (6,743,989) (a) 9,780,463
December 31, 1994 2,563,018 4,392,608 535,624 (c) (2,028,736) (a) 5,462,514
(a) Amount represents write-offs net of recoveries.
(b) Sales returns provisions are charged directly against revenue.
(c) Amount represents allowances acquired in business combination.