Toro 2008 Annual Report Download - page 72

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SCHEDULE II
THE TORO COMPANY AND SUBSIDIARIES
Valuation and Qualifying Accounts
Balance as of Charged to Balance as of
the beginning costs and the end of
(Dollars in thousands) of the fiscal year expenses
1
Other
2
Deductions
3
the fiscal year
Fiscal year ended October 31, 2008
Allowance for doubtful accounts and notes receivable reserves $4,147 $ (291) $ – $1,130 $2,726
Fiscal year ended October 31, 2007
Allowance for doubtful accounts and notes receivable reserves 2,839 1,237 186 115 4,147
Fiscal year ended October 31, 2006
Allowance for doubtful accounts and notes receivable reserves 2,349 723 – 233 2,839
1
Provision/(recovery).
2
Addition, net due to acquisitions and divestitures.
3
Uncollectible accounts charged off.
Balance as of Charged to Balance as of
the beginning costs and the end of
(Dollars in thousands) of the fiscal year expenses
1
Deductions
2
the fiscal year
Fiscal year ended October 31, 2008
Accrued advertising and marketing programs $53,765 $202,435 $207,788 $48,412
Fiscal year ended October 31, 2007
Accrued advertising and marketing programs 50,124 203,806 200,165 53,765
Fiscal year ended October 31, 2006
Accrued advertising and marketing programs 48,367 189,607 187,850 50,124
1
Provision consists of rebates, cooperative advertising, floor planning costs, commissions, and other promotional program expenses. The expense of each program is either
classified as a reduction of net sales or as a component of selling, general, and administrative expense.
2
Claims paid.
64