XML 42 R26.htm IDEA: XBRL DOCUMENT v3.19.1
Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
HICKOK INCORPORATED
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
 
 
 
              Additions                  
Description    
Balance at
Beginning
of Period
      
Charged to
Costs and
Expenses
      
Charged
to Other
Accounts
       Deductions      
Balance at
End of Period
  
Deducted from Asset Accounts:                                        
                                         
Year Ended September 30, 2017
  
Reserve for doubtful accounts
 
$
10,000
 
 
$
275
(1)
 
$
 
 
(2)
 
 
$
-
 
(3)
 
$
10,275
 
Reserve for inventory obsolescence
 
$
235,592
 
 
$
284,352
(5)
 
$
-
 
 
$
(46,692
) 
(4)
 
$
473,252
 
Reserve for product warranty
 
$
-
 
 
$
 
 
 
$
-
 
 
$
 
 
 
$
0
 
Valuation allowance for deferred taxes
 
$
500,000
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
500,000
 
 
Year Ended December
31, 201
8
 
Reserve for doubtful accounts
 
$
60,275
 
 
$
-
 
(1)
 
 
$
- 
 
(2)
 
 
$
(25,275
)
(3)
 
 
$
35,000
 
Reserve for inventory obsolescence
 
$
473,252
 
 
$
56,261
 (5)
 
$
(303,201
) 
 
$
(72,008
) 
(4)
 
$
226,492
 
Reserve for product warranty
 
$
199,899
 
 
$
419,460
 
 
$
-
 
 
$
(145,055
)
 
$
474,304
 
Valuation allowance for deferred taxes
 
$
47,319
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
47,319
 
Reserve for uncertain tax positions
 
$
395,000
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
395,000
 
 
(
1
) Classified as bad debt expense
(
2
) Recoveries on accounts charged off in prior years
(
3
) Accounts charged off during year as uncollectible
(
4
) Inventory charged off during the year as obsolete
(
5
) Reduction in inventory obsolescence reserve
(
6
) Recovery of net operating loss reserve