Mattel 2001 Annual Report Download - page 91

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SCHEDULE II
MATTEL, INC. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS AND ALLOWANCES
(In thousands)
Balance at
Beginning
of Year
Additions
Charged to
Operations
Net
Deductions
Balance
at End
of Year
Allowance for Doubtful Accounts
Year Ended December 31, 2001 .................... $24,640 $57,746(a) $(26,474)(b) $55,912
Year Ended December 31, 2000 .................... 29,520 18,280 (23,160)(b) 24,640
Year Ended December 31, 1999 .................... 40,594 19,050 (30,124)(b) 29,520
Allowance for Inventory Obsolescence
Year Ended December 31, 2001 .................... $58,559 $40,813 $(36,256)(c) $63,116
Year Ended December 31, 2000 .................... 35,327 61,313 (38,081)(c) 58,559
Year Ended December 31, 1999 .................... 57,322 48,530 (70,525)(c) 35,327
(a) Increase in bad debt expense charged to operations in 2001 compared to prior years is due to bankruptcy
filings of Kmart and Ames, as well as exposure with other retailers.
(b) Includes write-offs, recoveries of previous write-offs, and currency translation adjustments.
(c) Primarily represents relief of previously established reserves resulting from the disposal of related
inventory, raw materials, write-downs and currency translation adjustments.