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Schedule of Valuation and Qualifying Accounts
12 Months Ended
Aug. 31, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule of Valuation and Qualifying Accounts
SCHEDULE II
JABIL INC. AND SUBSIDIARIES
SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS
(in thousands)
 
 
 
Balance at
Beginning
of Period
 
Additions and
Adjustments
Charged to Costs
and Expenses
 
Additions/
(Reductions)
Charged
to Other Accounts
 
Write-offs
 
Balance at
End of Period
Allowance for uncollectible accounts receivable:
 
 
 
 
 
 
 
 
 
 
Fiscal year ended August 31, 2019
 
$
15,181

 
$
15,867

 
$

 
$
(13,827
)
 
$
17,221

Fiscal year ended August 31, 2018
 
$
14,134

 
$
12,545

 
$

 
$
(11,498
)
 
$
15,181

Fiscal year ended August 31, 2017
 
$
11,094

 
$
6,255

 
$

 
$
(3,215
)
 
$
14,134

 
 
 
Balance at
Beginning
of Period
 
Additions and
Adjustments
Charged to Costs
and Expenses
 
Additions/
(Reductions)
Charged
to Other Accounts
 
Write-offs
 
Balance at
End of Period
Reserve for excess and obsolete inventory:
 
 
 
 
 
 
 
 
 
 
Fiscal year ended August 31, 2019
 
$
60,940

 
$
34,091

 
$

 
$
(25,478
)
 
$
69,553

Fiscal year ended August 31, 2018
 
$
46,013

 
$
35,538

 
$

 
$
(20,611
)
 
$
60,940

Fiscal year ended August 31, 2017
 
$
32,221

 
$
46,030

 
$

 
$
(32,238
)
 
$
46,013

 
 
 
Balance at
Beginning
of Period
 
Additions
Charged to
Costs and
Expenses(1)
 
Additions/
(Reductions)
Charged
to Other Accounts(2)
 
Reductions
Charged to
Costs and
Expenses(3)
 
Balance at
End of Period
Valuation allowance for deferred taxes:
 
 
 
 
 
 
 
 
 
 
Fiscal year ended August 31, 2019
 
$
223,487

 
$
22,750

 
$
58,117

 
$
(16,750
)
 
$
287,604

Fiscal year ended August 31, 2018
 
$
285,559

 
$
18,418

 
$
(886
)
 
$
(79,604
)
 
$
223,487

Fiscal year ended August 31, 2017
 
$
344,828

 
$
65,300

 
$
(97,203
)
 
$
(27,366
)
 
$
285,559

 
(1) 
During the fiscal years ended August 31, 2019, 2018 and 2017, the additions charged to costs and expenses primarily relate to the increase of deferred tax assets for sites with existing valuation allowances.
(2) 
During the fiscal year ended August 31, 2019, the additions charged to other accounts primarily relate to the increase of net operating loss carry forwards due to the release of a non-U.S. unrecognized tax benefit. During the fiscal year ended August 31, 2017, the reductions charged to other accounts primarily relate to the decrease of net operating loss carry forwards due to non-U.S. unrecognized tax benefits and a non-U.S. tax audit.
(3) 
During the fiscal years ended August 31, 2019 and 2018, the reductions charged to costs and expenses primarily relate to the decrease of U.S. net operating loss carry forwards and tax credits due to utilization against the one-time transition tax as a result of the Tax Act. During the fiscal year ended August 31, 2019, an additional reduction charged to costs and expenses relates to the $17.5 million income tax benefit for the reversal of a U.S. valuation allowance due to an intangible asset reclassification from indefinite-life to finite-life. During the fiscal year ended August 31, 2017, the reductions charged to costs and expenses primarily relate to the release of certain non-U.S. valuation allowances.