| Schedule II - VALUATION AND QUALIFYING ACCOUNTS |
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Schedule II
IAC/INTERACTIVECORP AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
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Description |
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Balance at
Beginning
of Period |
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Charges to
Earnings |
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Charges to
Other Accounts |
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Deductions |
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Balance at
End of Period |
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(In thousands)
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2011 |
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Allowance for doubtful accounts and revenue reserves |
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$ |
8,848 |
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$ |
8,898 |
(1) |
$ |
(329 |
) |
$ |
(10,108 |
)(4) |
$ |
7,309 |
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Sales returns accrual |
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913 |
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107 |
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— |
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— |
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1,020 |
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Deferred tax valuation allowance |
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40,266 |
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5,732 |
(2) |
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(914 |
)(3) |
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— |
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45,084 |
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Other reserves |
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1,555 |
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2,119 |
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2010 |
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Allowance for doubtful accounts and revenue reserves |
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$ |
10,515 |
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$ |
9,013 |
(1) |
$ |
81 |
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$ |
(10,761 |
)(4) |
$ |
8,848 |
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Sales returns accrual |
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873 |
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40 |
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— |
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— |
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913 |
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Deferred tax valuation allowance |
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35,331 |
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4,511 |
(5) |
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424 |
(6) |
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— |
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40,266 |
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Other reserves |
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2,666 |
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1,555 |
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2009 |
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Allowance for doubtful accounts and revenue reserves |
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$ |
10,293 |
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$ |
10,361 |
(1) |
$ |
(520 |
) |
$ |
(9,619 |
)(4) |
$ |
10,515 |
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Sales returns accrual |
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794 |
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79 |
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— |
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— |
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873 |
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Deferred tax valuation allowance |
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39,515 |
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(1,728 |
)(7) |
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(2,456 |
)(8) |
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— |
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35,331 |
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Other reserves |
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3,079 |
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2,666 |
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- (1)
- Additions to the allowance for doubtful accounts is charged to expense. Additions to the revenue reserve is charged against revenue.
- (2)
- Amount is primarily related to losses from equity method investments.
- (3)
- Amount is primary related to the net release of the valuation allowance on net benefited losses for 2011 unrealized gains on available-for-sale securities included in accumulated other comprehensive income.
- (4)
- Write-off of fully reserved accounts receivable.
- (5)
- Amount is primarily related to net unbenefited unrealized losses including an impairment charge from equity method investments and an increase in foreign net operating losses partially offset by a write-off of previously unbenefited deferred tax assets for state capital loss carryforwards.
- (6)
- Amount is primary related to unbenefited unrealized losses on available-for-sale securities included in accumulated other comprehensive income.
- (7)
- Amount is primarily related to a decrease in state net operating losses partially offset by an increase for unbenefited state capital loss carryforwards and foreign net operating losses.
- (8)
- Amount is primarily related to the release of a valuation allowance on net benefited losses for 2009 unrealized gains on available-for-sale securities included in accumulated other comprehensive income.
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