Circuit City 2009 Annual Report Download - page 62

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Table of Contents
SYSTEMAX INC.
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
For the years ended December:
(in thousands)
(1)
Charges to expense are net of reductions resulting from changes in deferred tax assets due to changes in tax laws.
(2)
Other relates to WStore acquisition allowance for sales returns and doubtful accounts as of acquisition date.
(3)
Included in other is allowances recorded for deferred tax assets and net operating losses acquired in the WStore Europe SA acquisition.
58
Description
Balance at
Beginning of
Period
Charged to
Expenses
Write-offs
Other
Balance at
End of Period
Allowance for sales returns and doubtful accounts
2009
$
17,523
$
4,698
$
(4,493
)
4,804
(2)
$
22,532
2008
$
20,521
$
2,424
$
(5,422
)
17,523
2007
$
18,176
$
4,575
$
(2,230
)
$
20,521
Allowance for deferred tax assets
2009
Current (3)
$
—
$
—
$
1,507
$
1,507
Noncurrent (1)(3)
$
8,377
$
—
$
(
2,125
)
$
22,074
$
28,326
2008
Current
$
96
$
(96
)
$
—
Noncurrent (1)
$
7,291
$
1,996
$
(64
)
$
(846
)
$
8,377
2007
Current
$
738
$
(467
)
$
(175
)
$
96
Noncurrent (1)
$
17,141
$
2,842
$
(11,408
)
$
(1,284
)
$
7,291