| Valuation and Qualifying Accounts |
PREFORMED LINE PRODUCTS COMPANY
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
Year Ended December 31, 2016, 2015 and 2014
(Thousands of dollars)
|
For the year ended December 31, 2016: |
|
Balance at beginning of
period |
|
|
Additions
charged to
costs and
expenses |
|
|
Deductions |
|
|
Other
additions or deductions (a) |
|
|
Balance at
end of
period |
|
|
Allowance for doubtful accounts |
|
$ |
1,871 |
|
|
$ |
1,809 |
|
|
$ |
(864 |
) |
|
$ |
(1 |
) |
|
$ |
2,815 |
|
|
Reserve for credit memos |
|
|
455 |
|
|
|
(674 |
) |
|
|
613 |
|
|
|
1 |
|
|
|
395 |
|
|
Slow-moving and obsolete inventory reserves |
|
|
10,230 |
|
|
|
2,825 |
|
|
|
(1,408 |
) |
|
|
(87 |
) |
|
|
11,560 |
|
|
Accrued product warranty |
|
|
714 |
|
|
|
649 |
|
|
|
(269 |
) |
|
|
(36 |
) |
|
|
1,058 |
|
|
Foreign net operating loss tax carryforwards |
|
|
5,209 |
|
|
|
346 |
|
|
|
(1,175 |
) |
|
|
(575 |
) |
|
|
3,805 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2015: |
|
Balance at beginning of
period |
|
|
Additions
charged to
costs and
expenses |
|
|
Deductions |
|
|
Other
additions or deductions (a) |
|
|
Balance at
end of
period |
|
|
Allowance for doubtful accounts |
|
$ |
1,943 |
|
|
$ |
524 |
|
|
$ |
(414 |
) |
|
$ |
(182 |
) |
|
$ |
1,871 |
|
|
Reserve for credit memos |
|
|
428 |
|
|
|
437 |
|
|
|
(408 |
) |
|
|
(2 |
) |
|
|
455 |
|
|
Slow-moving and obsolete inventory reserves |
|
|
9,183 |
|
|
|
2,477 |
|
|
|
(1,509 |
) |
|
|
79 |
|
|
|
10,230 |
|
|
Accrued product warranty |
|
|
892 |
|
|
|
74 |
|
|
|
(158 |
) |
|
|
(94 |
) |
|
|
714 |
|
|
Foreign net operating loss tax carryforwards |
|
|
3,614 |
|
|
|
2,105 |
|
|
|
(287 |
) |
|
|
(223 |
) |
|
|
5,209 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
For the year ended December 31, 2014: |
|
Balance at beginning of
period |
|
|
Additions
charged to
costs and
expenses |
|
|
Deductions |
|
|
Other
additions or deductions (a) |
|
|
Balance at
end of
period |
|
|
Allowance for doubtful accounts |
|
$ |
1,441 |
|
|
$ |
803 |
|
|
$ |
(260 |
) |
|
$ |
(41 |
) |
|
$ |
1,943 |
|
|
Reserve for credit memos |
|
|
672 |
|
|
|
408 |
|
|
|
(652 |
) |
|
|
0 |
|
|
|
428 |
|
|
Slow-moving and obsolete inventory reserves |
|
|
8,075 |
|
|
|
2,244 |
|
|
|
(701 |
) |
|
|
(435 |
) |
|
|
9,183 |
|
|
Accrued product warranty |
|
|
1,140 |
|
|
|
(45 |
) |
|
|
(133 |
) |
|
|
(70 |
) |
|
|
892 |
|
|
Foreign net operating loss tax carryforwards |
|
|
1,420 |
|
|
|
2,553 |
|
|
|
(232 |
) |
|
|
(127 |
) |
|
|
3,614 |
|
|
(a) |
Other additions or deductions relate to translation adjustments, the expiration of U.S. capital loss and certain foreign net operating loss carryforwards and for 2014 reflects the expiration of certain foreign net operating loss carryforwards. |
|