Invacare 2006 Annual Report Download - page 97

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INVACARE CORPORATION AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
Balance At
Beginning of
Period
Charged To
Cost And
Expenses
Additions
(Deductions)
Describe
Balance
At End of
Period
COL A. COL B. COL C. COL D.
(In thousands)
Year Ended December 31, 2006
Deducted from asset accounts —
Allowance for doubtful accounts .............. $23,094 $37,711 $(23,172)(A) $37,633
Inventory obsolescence reserve ................ 8,591 5,325 (1,773)(B) 12,143
Investments and related notes receivable ......... 8,339 — — 8,339
Tax valuation allowances .................... 7,100 28,785 14,388(E) 50,273
Accrued warranty cost ........................ 15,583 9,834 (10,252)(B) 15,165
Accrued product liability ...................... 20,949 6,813 (5,131)(C) 22,631
Year Ended December 31, 2005
Deducted from asset accounts —
Allowance for doubtful accounts .............. $15,576 $14,168 $ (6,650)(A) $23,094
Inventory obsolescence reserve ................ 9,532 4,378 (5,319)(B) 8,591
Investments and related notes receivable ......... 29,540 — (21,201)(D) 8,339
Accrued warranty cost ........................ 13,998 10,516 (8,931)(B) 15,583
Accrued product liability ...................... 17,045 8,780 (4,876)(C) 20,949
Year Ended December 31, 2004
Deducted from asset accounts —
Allowance for doubtful accounts .............. $27,704 $11,222 $(23,350)(A) $15,576
Inventory obsolescence reserve ................ 8,715 2,609 (1,792)(B) 9,532
Investments and related notes receivable ......... 29,540 — — 29,540
Accrued warranty cost ........................ 12,688 9,287 (7,977)(B) 13,998
Accrued product liability ...................... 11,909 8,202 (3,066)(C) 17,045
Note (A) — Uncollectible accounts written off, net of recoveries.
Note (B) — Amounts written off or payments incurred.
Note (C) — Loss and loss adjustment.
Note (D) — Elimination of allowance for investment following consolidation of variable interest entity.
Note (E) — Other activity not affecting federal tax expense.
FS-38