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Valuation And Qualifying Accounts

12 Months Ended

Aug. 31, 2017

Valuation And Qualifying Accounts [Abstract]

Valuation And Qualifying Accounts


(a)(2) Financial Statement Schedules.

Lindsay Corporation and Subsidiaries
VALUATION AND QUALIFYING ACCOUNTS
Years ended August 31, 2017, 2016, and 2015

					Additions
(in thousands)		Balance at beginning of period			Charges to costs and expenses			Charged to other accounts			Deductions			Balance at end of period
Year ended August 31, 2017:
Deducted in the balance sheet from the
assets to which they apply:
Allowance for doubtful accounts (1)		$	8,312		$	483		$	—		$	1,348		$	7,447
Allowance for inventory obsolescence (2)			4,656			1,133			49			827			5,011
Deferred tax asset valuation allowance (3)			2,825			—			—			21			2,804
Year ended August 31, 2016:
Deducted in the balance sheet from the
assets to which they apply:
Allowance for doubtful accounts (1)		$	9,706		$	800		$	—		$	2,194		$	8,312
Allowance for inventory obsolescence (2)			4,405			1,262			(30)			980			4,656
Deferred tax asset valuation allowance (3)			2,949			—			—			124			2,825
Year ended August 31, 2015:
Deducted in the balance sheet from the
assets to which they apply:
Allowance for doubtful accounts (1)		$	4,857		$	5,840		$	—		$	991		$	9,706
Allowance for inventory obsolescence (2)			2,858			3,302			(147)			1,608			4,405
Deferred tax asset valuation allowance (3)			—			2,949			—			—			2,949

(1) Deductions consist of uncollectible items reserved, less recoveries of items previously reserved.
(2) Deductions consist of obsolete items sold or scrapped.
(3) Deductions consist of foreign exchange rate fluctuations.