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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2011
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

THE COAST DISTRIBUTION SYSTEM, INC. AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

December 31, 2009, 2010 and 2011

 

Description

   Balance at
Beginning of
Period
     Adjustments     Write Off
of Bad Debts
    Balance at
End of Period
 

Allowance for doubtful accounts:

         

Year Ended December 31, 2009

   $ 1,399,000       $ (411,000   $ (248,000   $ 740,000   

Year Ended December 31, 2010

   $ 740,000       $ (48,000   $ (36,000   $ 656,000   

Year Ended December 31, 2011

   $ 656,000       $ (160,000   $ (109,000   $ 387,000   

Description

   Balance at
Beginning of
Period
     Adjustments     Write Off
of Scrapped
Inventory
    Balance at
End of Period
 

Allowance for obsolete or slow-moving inventory:

         

Year Ended December 31, 2009

   $ 2,341,000       $ (282,000   $ (263,000   $ 1,796,000   

Year Ended December 31, 2010

   $ 1,796,000       $ 470,000      $ (257,000   $ 2,009,000   

Year Ended December 31, 2011

   $ 2,009,000       $ 179,000      $ (787,000   $ 1,401,000   

Description

   Balance at
Beginning of
Period
     Additions     Deductions(1)     Balance at
End of Period
 

Valuation allowance for deferred tax assets:

         

Year Ended December 31, 2009

   $ 1,166,000       $ —        $ (5,000   $ 1,161,000   

Year Ended December 31, 2010

   $ 1,161,000       $ 37,000      $ —        $ 1,198,000   

Year Ended December 31, 2011

   $ 1,198,000       $ 15,000      $ —        $ 1,213,000   

 

(1) Net operating loss carryforwards used or expired.