SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2018

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (in thousands)

DECEMBER 31, 2018, 2017 AND 2016

			Additions
			(reductions)
	Balance at		charged				Balance at
	beginning		(credited) to				End of
Description	of year		expense		Deductions(1)		Year
2018:
Reserve for bad debts	$	1,197	$	38	$	107	$	1,128
Reserve for cash discounts		724		9,122		9,154		692
Deferred tax asset valuation		3,269		623		—		3,892
	$	5,190	$	9,783	$	9,261	$	5,712
2017:
Reserve for bad debts	$	1,225	$	27	$	55	$	1,197
Reserve for cash discounts		659		9,268		9,203		724
Deferred tax asset valuation		2,317		952		—		3,269
	$	4,201	$	10,247	$	9,258	$	5,190
2016:
Reserve for bad debts	$	1,410	$	(166)	$	19	$	1,225
Reserve for cash discounts		815		9,247		9,403		659
Deferred tax asset valuation		2,077		240		—		2,317
	$	4,302	$	9,321	$	9,422	$	4,201

(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.