Schedule II - Valuation and Qualifying Accounts and Reserves

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts and Reserves

SCHEDULE II- VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

	Balance Beginning of Year		Charges to Earnings			Other				Deductions (2)			Balance End of Year
Year ended December 31, 2022
Deducted from asset accounts:
Allowance for credit losses	$	2,432	$	220		$	56		(1)	$	(760	)	$	1,948
Reserve for inventory		9,894		1,540			126		(1)		(3,589	)		7,971
Valuation allowance for deferred tax assets		11,676		-			159				(897	)		10,938
Totals	$	24,002	$	1,760		$	341			$	(5,246	)	$	20,857
Year ended December 31, 2021
Deducted from asset accounts:
Allowance for credit losses	$	2,580	$	156		$	(208	)	(1)	$	(96	)	$	2,432
Reserve for inventory		8,451		3,813	(3)		(174	)	(1)		(2,196	)		9,894
Valuation allowance for deferred tax assets		9,694		2,529			(167	)			(380	)		11,676
Totals	$	20,725	$	6,498		$	(549	)		$	(2,672	)	$	24,002

(1)Primarily represents the impact of foreign currency exchange, business acquisitions and other amounts recorded to accumulated other comprehensive income (loss).

(2)Primarily represents the utilization of established reserves, net of recoveries.

(3)Includes approximately $3.2 million of inventory write-downs related to Badger restructuring plan.