SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS (in thousands)

DECEMBER 31, 2012, 2011 AND 2010

Description	Balance at beginning of year		Additions (reductions) charged (credited) to expense			Deductions(1)			Balance at End of Year
2012:
Reserve for bad debts	$	998	$	511		$	47		$	1,462
Reserve for cash discounts	733		9,959			10,012			680
Deferred tax asset valuation	2,190		(150		)	—			2,040
	$	3,921	$	10,320		$	10,059		$	4,182
2011:
Reserve for bad debts	$	1,121	$	(186	)	$	(63	)	$	998
Reserve for cash discounts	410		10,007			9,684			733
Deferred tax asset valuation	686		1,504			—			2,190
	$	2,217	$	11,325		$	9,621		$	3,921
2010:
Reserve for bad debts	$	1,738	$	(45	)	$	572		$	1,121
Reserve for cash discounts	618		9,726			9,934			410
Deferred tax asset valuation	912		(226		)	—			686
	$	3,268	$	9,455		$	10,506		$	2,217

(1)               Deductions against reserve for bad debts consist of accounts receivable written off net of recoveries and exchange rate movements. Deductions against reserve for cash discounts consist of allowances to customers.