Garmin 2010 Annual Report Download - page 113
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100
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
Garmin Ltd. and Subsidiaries
(In thousands)
Balance at Charged to Charged to Balance at
Beginning of Costs and Other End of
Description Period Expenses Accounts Deductions Period
Year Ended December 25, 2010:
Deducted from asset accounts
Allowance for doubtful accounts $36,673 ($4,476) - ($375) $31,822
Inventory reserve 38,898 5,753 - (6,931) 37,720
Deferred tax asset valuation allowance 35,617 15,735 - - 51,352
Total $111,188 $17,012 - ($7,306) $120,894
Year Ended December 26, 2009:
Deducted from asset accounts
Allowance for doubtful accounts $42,409 ($1,332) - ($4,404) $36,673
Inventory reserve 23,204 61,323 - (45,629) 38,898
Deferred tax asset valuation allowance 34,487 1,468 - (338) 35,617
Total $100,100 $61,459 - ($50,371) $111,188
Year Ended December 27, 2008:
Deducted from asset accounts
Allowance for doubtful accounts $10,246 $32,355 - ($192) $42,409
Inventory reserve 31,186 24,461 - (32,443) 23,204
Deferred tax asset valuation allowance 15,491 18,996 - - 34,487
Total $56,923 $75,812 - ($32,635) $100,100
Additions