XML 40 R25.htm IDEA: XBRL DOCUMENT v3.23.1
Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Feb. 26, 2023
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

PARK AEROSPACE CORP. AND SUBSIDIARIES

 

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

 

 

           

Column C

                 

Column A

 

Column B

   

Additions

   

Column D

   

Column E

 
                                         

Description

 

Balance at

Beginning of

Period

   

Costs and

Expenses

   

Other

   

Reductions

   

Balance at End

of Period

 
                                         

DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE:

                                       
                                         

52 weeks ended February 26, 2023

  $ 3,587,000     $ -     $ -     $ (649,000 )   $ 2,938,000  

52 weeks ended February 27, 2022

  $ 3,587,000     $ -     $ -     $ -     $ 3,587,000  

52 weeks ended February 28, 2021

  $ 3,175,000     $ 412,000     $ -     $ -     $ 3,587,000  

 

 

                   

Column D

         

Column A

 

Column B

   

Column C

   

Other

   

Column E

 
                                         

Description

 

Balance at

Beginning of

Period

   

Charged to

Cost and

Expenses

   

Accounts

Written Off (A)

   

Translation

Adjustment

   

Balance at End

of Period

 
                                         

ALLOWANCE FOR DOUBTFUL ACCOUNTS:

                                       
                                         

52 weeks ended February 26, 2023

  $ 104,000     $ 16,000     $ -     $ -     $ 120,000  

52 weeks ended February 27, 2022

  $ 89,000     $ 15,000     $ -     $ -     $ 104,000  

52 weeks ended February 28, 2021

  $ 73,000     $ 16,000     $ -     $ -     $ 89,000  

 

(A)  Uncollectible amounts, net of recoveries