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Schedule ii - Valuation and Qualifying Accounts
12 Months Ended
May 31, 2017
Schedule ii - Valuation and Qualifying Accounts

WORTHINGTON INDUSTRIES, INC. AND SUBSIDIARIES

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

 

COL. A.          COL. B.            COL. C.            COL. D.            COL. E.         
Description                     Additions                                 
    Balance at
Beginning
of Period
          Charged to
Costs and
Expenses
          Charged to
Other Accounts –
Describe (A)
          Deductions –
Describe (B)
      Balance at End
of Period
       
                       

Year Ended May 31, 2017:

 

Deducted from asset accounts:

Allowance for possible losses on trade

accounts receivable

    $ 4,579,000       $ 269,000       $ -       $ 1,404,000       $ 3,444,000    
   

 

 

     

 

 

     

 

 

     

 

 

     

 

 

   

Year Ended May 31, 2015:

 

Deducted from asset accounts:

Allowance for possible losses on trade

accounts receivable

    $ 3,085,000       $ 1,556,000       $ 394,000       $ 456,000       $ 4,579,000    
   

 

 

     

 

 

     

 

 

     

 

 

     

 

 

   

Year Ended May 31, 2014:

 

Deducted from asset accounts:

Allowance for possible losses on trade

accounts receivable

    $ 3,043,000       $ 259,000       $ -       $ 217,000       $ 3,085,000    
   

 

 

     

 

 

     

 

 

     

 

 

     

 

 

   

Note A – Miscellaneous amounts.

Note B – Uncollectable accounts charged to the allowance.