EMC 2005 Annual Report Download - page 101

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Table of Contents
EMC CORPORATION AND SUBSIDIARIES
SCHEDULE II–VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
Description
Balance at
Beginning
of Period
Allowance for
Bad Debts
Charged to
Selling, General
and
Administrative
Expenses
Charged to
Other
Accounts
Bad Debts
Write-Offs
Balance at
End of
Period
Year ended December 31, 2005 allowance for doubtful accounts $ 41,701 $ 9,750 $ — $ (11,525) $ 39,926
Year ended December 31, 2004 allowance for doubtful accounts 41,982 10,067 — (10,348) 41,701
Year ended December 31, 2003 allowance for doubtful accounts 51,551 1,761 — (11,330) 41,982
Note: The allowance for doubtful accounts includes both current and non-current portions.
Description
Balance at
Beginning
of Period
Allowance for
Sales Returns
Accounted for
as a Reduction
(Increase)
in Revenue
Charged to
Other
Accounts
Sales
Returns
Balance at
End of
Period
Year ended December 31, 2005 allowance for sales returns $ 38,471 $ 9,225 $ — $ (22,870) $ 24,826
Year ended December 31, 2004 allowance for sales returns 60,813 (5,688) — (16,654) 38,471
Year ended December 31, 2003 allowance for sales returns 127,941 (19,417) — (47,711) 60,813
Description
Balance at
Beginning
of Period
Tax
Valuation
Allowance
Charged to
Income Tax
Provision
Charged to
Other
Accounts*
Tax
Valuation
Allowance
Credited to
Income Tax
Provision
Balance at
End of
Period
Year ended December 31, 2005 income tax valuation allowance $ 61,976 $ 7,443 $ (607) $ (4,995) $ 63,817
Year ended December 31, 2004 income tax valuation allowance 60,085 12,127 (3,816) (6,420) 61,976
Year ended December 31, 2003 income tax valuation allowance 64,148 17,629 14,921 (36,613) 60,085
*Amount represents valuation allowances recognized in connection with business combinations.
002CS-10479
S-1