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VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2013
VALUATION AND QUALIFYING ACCOUNTS  
VALUATION AND QUALIFYING ACCOUNTS
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
 
MARINE PRODUCTS CORPORATION AND SUBSIDIARIES (in thousands of dollars)
 
   
For the years ended December 31, 2013, 2012 and 2011
 
Description
 
Balance at
Beginning
of Period
   
Charged to
Costs and
Expenses
   
Net
(Write-Offs)/
Recoveries
   
Balance
at End of
Period
 
Year ended December 31, 2013
                       
Allowance for doubtful accounts
  $ 22     $     $ 3     $ 25  
Deferred tax asset valuation allowance
  $ 4,155     $ 204     $     $ 4,359  
Year ended December 31, 2012
                               
Allowance for doubtful accounts
  $ 27     $     $ (5 )   $ 22  
Deferred tax asset valuation allowance
  $ 3,783     $ 372     $     $ 4,155  
Year ended December 31, 2011
                               
Allowance for doubtful accounts
  $ 31     $     $ (4 )   $ 27  
Deferred tax asset valuation allowance
  $ 3,677     $ 106     $     $ 3,783