Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2012

Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

SCHEDULE II

SOTHEBY’S

VALUATION AND QUALIFYING ACCOUNTS

YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010

Column A	Column B		Column C				Column D		Column E
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged to Other Accounts		Deductions		Balance at End of Period
	(Thousands of dollars)
Valuation reserve deducted in the balance sheet from the asset to which it applies:
Receivables:
2012 Allowance for doubtful accounts and credit losses	$	8,038	$	1,296	$	—	$	1,365	$	7,969
2011 Allowance for doubtful accounts and credit losses	$	5,687	$	2,951	$	388	$	988	$	8,038
2010 Allowance for doubtful accounts and credit losses	$	6,211	$	1,260	$	—	$	1,784	$	5,687
Deferred tax assets:
2012 Valuation allowance	$	6,000	$	4,333	$	—	$	98	$	10,235
2011 Valuation allowance	$	19,106	$	675	$	—	$	13,781	$	6,000
2010 Valuation allowance	$	19,516	$	5,502	$	—	$	5,912	$	19,106