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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2012
Schedule II - Valuation and Qualifying Accounts

FTI Consulting, Inc. and Subsidiaries

Schedule II — Valuation and Qualifying Accounts

(in thousands)

 

Description

   Balance
at
Beginning
of Period
     Additions      Deductions**      Balance
at End
of
Period
 
           
      Charged
to
Expense
     Charged
to Other
Accounts*
       
              
              

Year Ended December 31, 2012

              

Reserves and allowances deducted from asset accounts:

              

Allowance for doubtful accounts and unbilled services

   $ 80,096       $ 14,179       $ 13,054       $  13,281       $ 94,048   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Valuation allowance for deferred tax asset

   $ 886       $ 1,053       $ —         $       $ 1,939   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Year Ended December 31, 2011

              

Reserves and allowances deducted from asset accounts:

              

Allowance for doubtful accounts and unbilled services

   $ 63,205       $ 12,586       $ 18,607       $ 14,302       $ 80,096   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Valuation allowance for deferred tax asset

   $ —         $ 886       $ —         $       $ 886   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Year Ended December 31, 2010

              

Reserves and allowances deducted from asset accounts:

              

Allowance for doubtful accounts and unbilled services

   $ 59,328       $ 10,720       $ 9,621       $ 16,464       $ 63,205   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

* Includes estimated provision for unbilled services recorded as a reduction to revenues (i.e., fee, rate and other adjustments).
** Includes estimated direct write-offs of uncollectible and unrealizable accounts receivable.