|
RYERSON HOLDING CORPORATION AND SUBSIDIARY COMPANIES
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS
FOR THE YEARS ENDED DECEMBER 31, 2021, 2020, AND 2019
(In millions)
|
|
|
|
|
|
|
|
|
|
|
|
Balance at
Beginning
of Period |
|
|
Additions
Charged
(Credited)
to Income |
|
|
Deductions
from
Reserves |
|
|
|
|
Balance
at End
of Period |
|
|
Year Ended December 31, 2021 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for doubtful accounts |
|
$ |
1.7 |
|
|
$ |
1.4 |
|
|
$ |
(0.9 |
) |
(A) |
|
|
$ |
2.2 |
|
|
Valuation allowance—deferred tax assets |
|
|
6.6 |
|
|
|
— |
|
|
|
(1.6 |
) |
(B) |
|
|
|
5.0 |
|
|
Year Ended December 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for doubtful accounts |
|
$ |
3.5 |
|
|
$ |
0.3 |
|
|
$ |
(2.1 |
) |
(A) |
|
|
$ |
1.7 |
|
|
Valuation allowance—deferred tax assets |
|
|
13.7 |
|
|
|
(0.4 |
) |
|
|
(6.7 |
) |
(C) |
|
|
|
6.6 |
|
|
Year Ended December 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Allowance for doubtful accounts |
|
$ |
2.5 |
|
|
$ |
4.0 |
|
|
$ |
(3.0 |
) |
(A) |
|
|
$ |
3.5 |
|
|
Valuation allowance—deferred tax assets |
|
|
29.3 |
|
|
|
(0.4 |
) |
|
|
(15.2 |
) |
(C) |
|
|
|
13.7 |
|
NOTES:
|
(A) |
Bad debts written off of $1.1 million, $2.3 million, and $3.0 million for the years ended December 31, 2021, 2020, and 2019, respectively. |
|
(B) |
Reversals of valuation allowances due to change in realizability of state and foreign net operating loss deferred tax assets. |
|
(C) |
Reversals of valuation allowances due to the expiration of state net operating losses and changes to the foreign tax credits. |
|