ServiceMagic 2011 Annual Report Download - page 125

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Schedule II
IAC/INTERACTIVECORP AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
118
Description
Balance at
Beginning
of Period
Charges to
Earnings
Charges to
Other Accounts
Deductions
Balance at
End of Period
(In thousands)
2011
Allowance for doubtful
accounts and revenue
reserves
$
8,848
$
8,898
(1)
$
(329
)
$
(10,108
)
(4)
$
7,309
Sales returns accrual
913
107
—
—
1,020
Deferred tax valuation
allowance
40,266
5,732
(2)
(914
)
(3)
—
45,084
Other reserves
1,555
2,119
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
(5)
424
(6)
—
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
)
(7)
(2,456
)
(8)
—
35,331
Other reserves
3,079
2,666
(1)
Additions to the allowance for doubtful accounts is charged to expense. Additions to the revenue reserve is charged against
revenue.
(2) Amount is primarily related to losses from equity method investments.
(3) Amount is primary related to the net release of the valuation allowance on net benefited losses for 2011 unrealized gains
on available-for-sale securities included in accumulated other comprehensive income.
(4) Write-off of fully reserved accounts receivable.
(5) Amount is primarily related to net unbenefited unrealized losses including an impairment charge from equity method
investments 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.
(6) Amount is primary related to unbenefited unrealized losses on available-for-sale securities included in accumulated other
comprehensive income.
(7) 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.
(8) Amount is primarily related to the release of a valuation allowance on net benefited losses for 2009 unrealized gains on
available
-
for
-
sale securities included in accumulated other comprehensive income.