Valuation and Qualifying Accounts

12 Months Ended

Dec. 28, 2019

Valuation and Qualifying Accounts

R. Valuation and Qualifying Accounts

The Company maintains reserves against accounts receivable for doubtful accounts and inventory for obsolete and slow-moving inventory. The Company also maintains reserves against accounts receivable for distributor promotional allowances. In addition, the Company maintains a reserve for estimated returns of stale beer, which is included in accrued expenses.

Allowance for Doubtful Accounts	Balance at Beginning of Period		Net Provision (Recovery)		Amounts Charged Against Reserves		Balance at End of Period
	(In thousands)
2019	$	2	$	45	$	0	$	47
2018	$	—	$	2	$	—	$	2
2017	$	—	$	—	$	—	$	—

Discount Accrual	Balance at Beginning of Period		Net Provision (Recovery) *		Amounts Charged Against Reserves			Balance at End of Period
	(In thousands)
2019	$	4,636	$	43,920	$	(42,284	)	$	6,272
2018	$	3,072	$	36,213	$	(34,649	)	$	4,636
2017	$	3,078	$	30,171	$	(30,177	)	$	3,072

Inventory Obsolescence Reserve	Balance at Beginning of Period		Net Provision (Recovery)		Amounts Charged Against Reserves			Balance at End of Period
	(In thousands)
2019	$	2,580	$	8,092	$	(4,297	)	$	6,375
2018	$	1,826	$	4,175	$	(3,421	)	$	2,580
2017	$	2,262	$	5,751	$	(6,187	)	$	1,826

Stale Beer Reserve	Balance at Beginning of Period		Net Provision (Recovery)		Amounts Charged Against Reserves			Balance at End of Period
	(In thousands)
2019	$	2,146	$	4,406	$	(4,724	)	$	1,828
2018	$	3,023	$	2,691	$	(3,568	)	$	2,146
2017	$	5,226	$	5,449	$	(7,652	)	$	3,023

* 2018 net provision of the discount accrual includes $1.7 million related to the cumulative effect adjustment to retained earnings and the current year adjustment to deferred revenue related to the adoption of ASU 2014-09.