Schedule of valuation and qualifying accounts |
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Balance at
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Additions
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Changes to
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Balance at
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beginning
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charged to
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reserve, net(1)
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end of year
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of year
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earnings
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Year ended December 31, 2015
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Allowance for doubtful accounts
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$
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1,667
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$
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305
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$
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(629)
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$
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1,343
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Reserves for inventory
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2,452
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2,251
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(2,099)
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2,604
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Valuation of deferred tax assets
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1,600
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-
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(953)
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647
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Year ended December 31, 2014
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Allowance for doubtful accounts
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$
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1,051
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$
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577
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$
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39
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$
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1,667
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Reserves for inventory
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1,599
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1,752
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(899)
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2,452
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Valuation of deferred tax assets
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1,395
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-
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205
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1,600
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Year ended December 31, 2013
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Allowance for doubtful accounts
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$
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600
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$
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329
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$
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122
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$
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1,051
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Reserves for inventory
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1,199
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757
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(357)
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1,599
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Valuation of deferred tax assets
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1,374
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-
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21
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1,395
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(1)
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Increases (deductions) from the allowance for doubtful accounts equal accounts receivable written off and increases related to acquired businesses, less recoveries, against the allowance. Increases (deductions) from the reserves for inventory excess and obsolete items equal inventory written off against the reserve as items were disposed of and increases for related to acquired businesses. Increases (deductions) to the valuation of deferred tax assets relate to the reversals due to changes in management’s judgments regarding the future realization of the underlying deferred tax assets.
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