ServiceMagic 2009 Annual Report Download - page 132
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Table of Contents
Schedule II
IAC/INTERACTIVECORP AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
120
Description
Balance at
Beginning
of Period
Charges to
Earnings
Charges to
Other Accounts
Deductions
Balance at
End of Period
(In Thousands)
2009
Allowance for doubtful
accounts and revenue
reserves
$
11,396
$
10,147
(1)
$
(327
)
$
(9,933
)
(4)
$
11,283
Sales returns accrual
794
79
—
—
873
Deferred tax valuation
allowance
39,520
(1,720
)
(2)
(2,456
)
(3)
—
35,344
Other reserves
3,079
2,666
2008
Allowance for doubtful
accounts and revenue
reserves
$
8,714
$
9,521
(1)
$
(176
)
$
(6,663
)
(4)
$
11,396
Sales returns accrual
749
45
—
—
794
Deferred tax valuation
allowance
22,266
15,972
(5)
1,282
(6)
—
39,520
Other reserves
2,280
3,079
2007
Allowance for doubtful
accounts and revenue
reserves
$
8,410
$
7,150
(1)
$
(118
)
$
(6,728
)
(4)
$
8,714
Sales returns accrual
493
—
256
—
749
Deferred tax valuation
allowance
25,865
(1,014
)
(7)
(2,585
)
(8)
—
22,266
Other reserves
2,240
2,280
(1) Additions to the allowance for doubtful accounts are charged to expense. Additions to the revenue reserves are charged
against revenue.
(2) Amount is primarily related to a decrease in state net operating losses partially offset by an increase for unbenefited state
capital loss carryforwards and foreign net operating losses.
(3) Amount is primarily related to the release of a valuation allowance on net benefited losses for 2009 unrealized gains in
other comprehensive income.
(4) Write-off of fully reserved accounts receivable.
(5) Amount is primarily related to other-than-temporary losses related to investments.
(6) Amount is primarily related to unbenefited unrealized losses in other comprehensive income.
(7) Amount is primarily related to Match's foreign net operating losses.
(8) Amount is primarily related to the write-off of previously unbenefited deferred tax assets for state and foreign net
operating losses.