Rayovac 2009 Annual Report Download - page 221

Table of Contents
Index to Financial Statements SPECTRUM BRANDS, INC. AND SUBSIDIARIES
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
For the one month period ended September 30, 2009, the eleven month period ended August 30, 2009 and the years ended September 30, 2008 and
September 30, 2007 (In thousands)
Column A Column B Column C Additions Column D Deductions Column E
Descriptions
Balance at
Beginning
of Period
Charged to
Costs and
Expenses Deductions Other Adjustments(A)
Balance at
End of
Period
September 30, 2009 (Successor Company):
Accounts receivable allowances $ — $ 1,011 $ — $ — $ 1,011
August 30, 2009 (Predecessor Company):
Accounts receivable allowances $ 18,102 $ 1,763 $ 3,848 $ 16,017 $ —
September 30, 2008 (Predecessor Company):
Accounts receivable allowances $ 17,196 $ 1,368 $ 462 $ — $ 18,102
September 30, 2007 (Predecessor Company):
Accounts receivable allowances $ 21,394 $ 3,242 $ 1,373 $ 6,067 $ 17,196
(A) The “Other Adjustment” in the eleven month period ended August 30, 2009, represents the elimination of Accounts receivable allowances through
fresh−start reporting as a result of the Company’s emergence from Chapter 11 of the Bankruptcy Code. The “Other Adjustment” in the period ended
September 30, 2007, represents changes in estimates of accounts receivable allowances of $4,135 and the reclassification of accounts receivable
allowances to assets held for sale of $1,932 which related to the Canadian division of the Home and Garden Business which has been designated as
discontinued operations.
See accompanying Report of Independent Registered Public Accounting Firm
218