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SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2017
Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
LINCOLN ELECTRIC HOLDINGS, INC.
(In thousands)

 
 
 
 
Additions
 
 
 
 
Description
 
Balance at
Beginning
of Period
 
Charged to
Costs and
Expenses
 
Charged (Credited) to
Other Accounts (1)
 
Deductions (2)
 
Balance at End of Period
Allowance for doubtful accounts:
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
$
7,768

 
$
1,172

 
$
9,501

 
$
2,498

 
$
15,943

Year Ended December 31, 2016
 
7,299

 
1,657

 
72

 
1,260

 
7,768

Year Ended December 31, 2015
 
7,858

 
1,969

 
(1,046
)
 
1,482

 
7,299

 
 
 
 
 
 
 
 
 
 
 
Deferred tax asset valuation allowance:
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
47,849

 
16,222

 
4,854

 
(231
)
 
68,694

Year Ended December 31, 2016
 
51,294

 
3,704

 
3,923

 
(11,072
)
 
47,849

Year Ended December 31, 2015
 
48,840

 
7,533

 
(521
)
 
(4,558
)
 
51,294

(1)
Currency translation adjustment, additions from acquisitions and other adjustments.
(2)
For the Allowance for doubtful accounts, deductions relate to uncollectible accounts written-off, net of recoveries. For the Deferred tax asset valuation allowance, deductions relate to the reversal of valuation allowances due to the realization of net operating loss carryforwards.