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Consolidated Valuation and Qualifying Accounts | 12 Months Ended
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Dec. 31, 2021
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract] |
Consolidated Valuation And Qualifying Accounts | CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS Years ended December 31, 2021, 2020 and 2019 (In thousands)
| 2021 |  | 2020 |  | 2019
Accounts receivable - Allowance for doubtful accounts |  |  |  |  |
Balance, beginning of period | $ | 3,742 |  |  | $ | 4,928 |  |  | $ | 4,007 |
Provision charged to expense | 197 |  |  | 853 |  |  | 1,569 |
Reserve adjustments | (157) |  |  | 88 |  |  | 7 |
Write-offs, net of recoveries | (1,342) |  |  | (2,127) |  |  | (655) |
Balance, end of period | $ | 2,440 |  |  | $ | 3,742 |  |  | $ | 4,928 |
Finance receivables - Allowance for credit losses |  |  |  |  |
Balance, beginning of period | $ | 390,936 |  |  | $ | 198,581 |  |  | $ | 189,885 |
Cumulative effect of change in accounting(a) | — |  |  | 100,604 |  |  | — |
Provision for credit losses | 25,049 |  |  | 181,870 |  |  | 134,536 |
Charge-offs, net of recoveries | (76,606) |  |  | (90,119) |  |  | (125,840) |
Balance, end of period | $ | 339,379 |  |  | $ | 390,936 |  |  | $ | 198,581 |
Inventories - Allowance for obsolescence(b) |  |  |  |  |
Balance, beginning of period | $ | 71,995 |  |  | $ | 49,349 |  |  | $ | 39,015 |
Provision charged to expense | 5,659 |  |  | 43,357 |  |  | 24,984 |
Reserve adjustments | (2,078) |  |  | 718 |  |  | (39) |
Write-offs, net of recoveries | (12,607) |  |  | (21,429) |  |  | (14,611) |
Balance, end of period | $ | 62,969 |  |  | $ | 71,995 |  |  | $ | 49,349 |
Deferred tax assets - Valuation allowance |  |  |  |  |
Balance, beginning of period | $ | 38,072 |  |  | $ | 29,024 |  |  | $ | 21,868 |
Adjustments | (4,476) |  |  | 9,048 |  |  | 7,156 |
Balance, end of period | $ | 33,596 |  |  | $ | 38,072 |  |  | $ | 29,024 |
(a)On January 1, 2020, the Company adopted Accounting Standards Update No. 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and increased the allowance for loan loss through Retained Earnings, net of income taxes, to establish an allowance that represents expected lifetime credit losses on the finance receivable portfolios at date of adoption. (b)Inventory obsolescence reserves deducted from cost determined on first-in, first-out (FIFO) basis, before deductions for last-in, first-out (LIFO) valuation reserves.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24092-122690 + Details
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- References No definition available. + Details
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