Schedule II
COCA-COLA CONSOLIDATED, INC.
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
Allowance for Doubtful Accounts
|
|
Fiscal Year |
|
(in thousands) |
|
2018 |
|
|
2017 |
|
|
2016 |
|
Balance at beginning of year |
|
$ |
7,606 |
|
|
$ |
4,448 |
|
|
$ |
2,117 |
|
Additions charged to costs and expenses |
|
|
9,964 |
|
|
|
4,464 |
|
|
|
2,534 |
|
Deductions |
|
|
8,429 |
|
|
|
1,306 |
|
|
|
203 |
|
Balance at end of year |
|
$ |
9,141 |
|
|
$ |
7,606 |
|
|
$ |
4,448 |
|
Deferred Income Tax Valuation Allowance
|
|
Fiscal Year |
|
(in thousands) |
|
2018 |
|
|
2017 |
|
|
2016 |
|
Balance at beginning of year |
|
$ |
4,337 |
|
|
$ |
1,618 |
|
|
$ |
2,307 |
|
Adjustment for federal tax legislation(1) |
|
|
- |
|
|
|
2,419 |
|
|
|
- |
|
Additions charged to costs and expenses |
|
|
1,562 |
|
|
|
877 |
|
|
|
- |
|
Deductions credited to expense |
|
|
- |
|
|
|
577 |
|
|
|
689 |
|
Balance at end of year |
|
$ |
5,899 |
|
|
$ |
4,337 |
|
|
$ |
1,618 |
|
|
(1) |
In 2017, the Company increased its valuation allowance as a result of the deductibility of certain deferred compensation based on the current interpretation of the Tax Act. |
|