Invacare 2007 Annual Report Download - page 110

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INVACARE CORPORATION AND SUBSIDIARIES
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
COL A. COL B. COL C. COL D.
Balance
At
Beginning
of Period
Charged
To Cost
And
Expenses
Additions
(Deductions)
Describe
Balance
At End
of Period
(In thousands)
Year Ended December 31, 2007
Deducted from asset accounts—
Allowance for doubtful accounts .......................... $37,633 $11,927 $ (6,600)(A) $42,960
Inventory obsolescence reserve ........................... 12,143 5,998 (5,640)(B) 12,501
Investments and related notes receivable .................... 8,339 — (8,339)(D) —
Tax valuation allowances ................................ 50,273 25,537 13,912(E) 89,722
Accrued warranty cost .................................. 15,165 10,989 (9,538)(B) 16,616
Accrued product liability ................................ 22,631 8,360 (9,855)(C) 21,136
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
Tax valuation allowances ................................ 7,100 — — 7,100
Accrued warranty cost .................................. 13,998 10,516 (8,931)(B) 15,583
Accrued product liability ................................ 17,045 8,780 (4,876)(A) 20,949
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 investments no longer reported in the consolidated balance sheet.
Note (E)—Other activity not affecting federal or foreign tax expense.
FS-46