SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

12 Months Ended

Dec. 31, 2023

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

ARCBEST CORPORATION

On February 28, 2023, the Company sold FleetNet America, Inc. (“FleetNet”), a wholly owned subsidiary and reportable operating segment of the Company. The sale of FleetNet was accounted for as discontinued operations. As such, reclassifications have been made to the balances, additions, and deductions below to exclude the impact of FleetNet. (See Note D to the Company’s consolidated financial statements included in Part II, Item 8 of the Annual Report on Form 10-K).

	Balances at		Additions									Balances at
	Beginning of		Charged to Costs			Charged to						End of
Description	Period		and Expenses			Other Accounts			Deductions			Period
	(in thousands)
Year Ended December 31, 2023
Deducted from asset accounts:
Allowance for credit losses and revenue adjustments	$	13,892	$	3,633		$	3,512	(a)	$	10,691	(b)	$	10,346
Allowance for other accounts receivable	$	713	$	18	(c)	$	—		$	—		$	731
Allowance for deferred tax assets	$	1,707	$	—		$	—		$	(44)	(d)	$	1,751
Year Ended December 31, 2022
Deducted from asset accounts:
Allowance for credit losses and revenue adjustments	$	13,016	$	6,852		$	2,761	(a)	$	8,737	(b)	$	13,892
Allowance for other accounts receivable	$	690	$	23	(c)	$	—		$	—		$	713
Allowance for deferred tax assets	$	2,196	$	—		$	—		$	489	(d)	$	1,707
Year Ended December 31, 2021
Deducted from asset accounts:
Allowance for credit losses and revenue adjustments	$	7,693	$	1,334		$	7,783	(a)(e)	$	3,794	(b)	$	13,016
Allowance for other accounts receivable	$	660	$	30	(c)	$	—		$	—		$	690
Allowance for deferred tax assets	$	1,284	$	—		$	—		$	(912)	(d)	$	2,196

(a) Change in allowance due to recoveries of amounts previously written off and revenue adjustments.

(b) Includes uncollectible accounts written off and revenue adjustments.

(c) Charged to workers’ compensation expense.

(d) Change in allowance due to changes in expectations of realization of certain federal and state net operating losses and federal and state deferred tax assets.

(e) Includes allowance assumed in the acquisition of MoLo Solutions, LLC. (See Note E to the Company’s consolidated financial statements included in Part II, Item 8 of the Annual Report on Form 10-K).