SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2016

Valuation and Qualifying Accounts [Abstract]

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

LINCOLN ELECTRIC HOLDINGS, INC.

(In thousands)

			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged (Credited) to Other Accounts (1)			Deductions (2)			Balance at End of Period
Allowance for doubtful accounts:
Year Ended December 31, 2016	$	7,299	$	1,657	$	72		$	1,260		$	7,768
Year Ended December 31, 2015	7,858		1,969		(1,046		)	1,482			7,299
Year Ended December 31, 2014	8,398		2,064		(867		)	1,737			7,858
Deferred tax asset valuation allowance:
Year Ended December 31, 2016	51,294		3,704		3,923			(11,072		)	47,849
Year Ended December 31, 2015	48,840		7,533		(521		)	(4,558		)	51,294
Year Ended December 31, 2014	49,684		8,006		(5,923		)	(2,927		)	48,840

(1) Currency translation adjustment and other adjustments.

(2) For the Allowance for doubtful accounts, deductions relate to uncollectible accounts written-off, net of recoveries. For the Deferred tax asset valuation allowance, deductions relate to the reversal of valuation allowances due to the realization of net operating loss carryforwards.