Papa Johns 2005 Annual Report Download - page 90

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88
Schedule II - Valuation and Qualifying Accounts
Papa John's International, Inc. and Subsidiaries
(In thousands)
Charged to
Balance at (recovered from) Balance at
Beginning of Costs and Additions / End of
Classification Year Expenses (Deductions) Year
Fiscal year ended December 25, 2005:
Deducted from asset accounts:
Reserve for uncollectible accounts receivable 5,359$ 3,015$ (1,995)$ (2) 6,379$
Reserve for uncollectible accounts receivable - affiliates 525 497 - 1,022
Reserve for franchisee notes receivable 1,278 855 (634) (2) (3) 1,499
Reserve for franchisee notes receivable - affiliates - - - -
7,162$ 4,367$ (2,629)$ 8,900$
Reserves included in liability accounts:
Reserve for restaurant closures and dispositions 462$ 846$ (4) (39)$ (1) 1,269$
Fiscal year ended December 26, 2004:
Deducted from asset accounts:
Reserve for uncollectible accounts receivable 4,287$ 1,636$ (564)$ (2) 5,359$
Reserve for uncollectible accounts receivable - affiliates - 525 - 525
Reserve for franchisee notes receivable 6,356 638 (5,716) (2) (3) 1,278
Reserve for franchisee notes receivable - affiliates - - - -
10,643$ 2,799$ (6,280)$ 7,162$
Reserves included in liability accounts:
Reserve for restaurant closures and dispositions 1,559$ (203)$ (894)$ (1) 462$
Fiscal year ended December 28, 2003:
Deducted from asset accounts:
Reserve for uncollectible accounts receivable 1,908$ 2,839$ (460)$ 4,287$
Reserve for uncollectible accounts receivable - affiliates - - - -
Reserve for franchisee notes receivable 4,436 1,868 52 6,356
Reserve for franchisee notes receivable - affiliates - - - -
6,344$ 4,707$ (408)$ (2) 10,643$
Reserves included in liability accounts:
Reserve for restaurant closures and dispositions 1,256$ 3,239$ (2,936)$ (1) 1,559$
(1) Represents cash payments and other adjustments.
(2) Uncollectible accounts written off, net of recoveries and reclassifications between accounts receivable and notes receivable reserves.
(3) Includes adjustments of $3.3 million and $6.3 million in 2005 and 2004 related to the consolidation of franchisee VIEs in 2004
(VIEs eliminate upon consolidation).
(4) Includes a contingent lease reserve of $761,000 for certain restaurants sold to a franchisee. The reserve reduced the gain on the sale
recorded by Papa John's.