ServiceMagic 2010 Annual Report Download - page 125
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Table of Contents
Schedule II
IAC/INTERACTIVECORP AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
119
Description
Balance at
Beginning
of Period
Charges to
Earnings
Charges to
Other Accounts
Deductions
Balance at
End of Period
(In Thousands)
2010
Allowance for doubtful
accounts and revenue
reserves
$
10,515
$
9,013
(1)
$
81
$
(10,761
)
(4)
$
8,848
Sales returns accrual
873
40
—
—
913
Deferred tax valuation
allowance
35,331
4,511
(2)
424
(3)
—
40,266
Other reserves
2,666
1,555
2009
Allowance for doubtful
accounts and revenue
reserves
$
10,293
$
10,361
(1)
$
(520
)
$
(9,619
)
(4)
$
10,515
Sales returns accrual
794
79
—
—
873
Deferred tax valuation
allowance
39,515
(1,728
)
(5)
(2,456
)
(6)
—
35,331
Other reserves
3,079
2,666
2008
Allowance for doubtful
accounts and revenue
reserves
$
8,180
$
8,635
(1)
$
(176
)
$
(6,346
)
(4)
$
10,293
Sales returns accrual
749
45
—
—
794
Deferred tax valuation
allowance
22,263
15,970
(7)
1,282
(8)
—
39,515
Other reserves
2,280
3,079
(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 net unbenefited unrealized losses on equity investments including the impairment charge for
our investments in HealthCentral and an increase in foreign net operating losses partially offset by a write-
off of previously
unbenefited deferred tax assets for state capital loss carryforwards.
(3) Amount is primary related to unbenefited unrealized losses in other comprehensive income.
(4) Write-off of fully reserved accounts receivable.
(5) 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.
(6) Amount is primarily related to the release of a valuation allowance on net benefited losses for 2009 unrealized gains in
other comprehensive income.
(7) Amount is primarily related to other-than-temporary losses related to investments.
(8)
Amount is primarily related to unbenefited unrealized losses in other comprehensive income.