Papa Johns 2000 Annual Report Download - page 78

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73
Schedule II - Valuation and Qualifying Accounts
Papa John's International, Inc. and Subsidiaries
(In thousands)
Balance at Charged to Balance at
Beginning of Costs and Additions / End of
Classification Year Expenses (Deductions) Year
Fiscal year ended December 31, 2000:
Deducted from asset accounts:
Reserve for uncollectible accounts 432$ 1,669$ (83)$ (1) 2,018$
Reserve for franchise notes receivable 121 4,200 (121) (1) 4,200
553$ 5,869$ (204)$ 6,218$
Reserves included in liability accounts:
Reserve for advertising litigation 4,083$ 1,017$ (4,909)$ (2) 191$
Reserve for special charge - 3,925 (3) (204) (3) 3,721
4,083$ 4,942$ (5,113)$ 3,912$
Fiscal year Ended December 26, 1999:
Deducted from asset accounts:
Reserve for uncollectible accounts 395$ 257$ (220)$ (1) 432$
Reserve for franchise notes receivable 121 - - 121
516$ 257$ (220)$ 553$
Reserves included in liability accounts:
Reserve for advertising litigation -$ 6,104$ (2,021)$ (2) 4,083$
Fiscal year Ended December 27, 1998:
Deducted from asset accounts:
Reserve for uncollectible accounts 145$ 748$ (498)$ (1) 395$
Reserve for franchise notes receivable - 121 - 121
145$ 869$ (498)$ 516$
(1) Uncollectible accounts written off, net of recoveries.
(2) Amounts paid during the year. See "Note 14" of "Notes to Consolidated Financial Statements" for further information.
(3) The amount charged to the Consolidated Statements of Income related to the Special Charge was $24.1 million, of which,
$20.2 million was a reduction to assets and $3.9 million was reserved for future cash payments. The amount reserved was
reduced by $204,000 for cash payments made in 2000. See "Note 4" of "Notes to Consolidated Financial Statements" for
further information.