Toro 2013 Annual Report Download - page 77

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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, 2013
Allowance for doubtful accounts and notes receivable reserves $3,733 $ 123 $ – $ 431 $3,425
Fiscal year ended October 31, 2012
Allowance for doubtful accounts and notes receivable reserves 2,040 2,160 12 479 3,733
Fiscal year ended October 31, 2011
Allowance for doubtful accounts and notes receivable reserves 3,904 6 55 1,925 2,040
1
Provision/(recovery).
2
Addition due to acquisitions.
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, 2013
Accrued advertising and marketing programs $56,264 $287,217 $279,290 $64,191
Fiscal year ended October 31, 2012
Accrued advertising and marketing programs 47,161 214,474 205,371 56,264
Fiscal year ended October 31, 2011
Accrued advertising and marketing programs 43,095 190,021 185,955 47,161
1
Provision consists of rebates, cooperative advertising, floor planning costs, commissions, and other promotional program expenses. The expense of each program is classified
either as a reduction of net sales or as a component of selling, general, and administrative expense.
2
Claims paid.
71