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SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2017
Valuation and Qualifying Accounts [Abstract]  
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
CURTISS-WRIGHT CORPORATION and SUBSIDIARIES
SCHEDULE II – VALUATION and QUALIFYING ACCOUNTS
for the years ended December 31, 2017, 2016, and 2015
(In thousands)
 
 
 
 
Additions
 
 
 
 
 
 
 
 
Description
 
Balance at
Beginning of
Period
 
Charged to
Costs and
Expenses
 
Charged to Other
Accounts
 
 
 
Deductions
 
 
 
Balance at
End of Period
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deducted from assets to which they apply:
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tax valuation allowance
 
17,776

 
1,471

 
125

 
(1) 
 
7,050

 
(3) 
 
12,322

Total
 
$
17,776

 
$
1,471

 
$
125

 
 
 
$
7,050

 
 
 
$
12,322

December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tax valuation allowance
 
17,895

 
1,951

 
(181
)
 
(1) 
 
1,889

 
(2) 
 
17,776

Total
 
$
17,895

 
$
1,951

 
$
(181
)
 
 
 
$
1,889

 
 
 
$
17,776

December 31, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Tax valuation allowance
 
23,478

 
2,605

 
(299
)
 
(1) 
 
7,889

 
 
 
17,895

Total
 
$
23,478

 
$
2,605

 
$
(299
)
 
 
 
$
7,889

 
 
 
$
17,895



(1) Primarily foreign currency translation adjustments.
(2) Capital loss on sale of upstream oil and gas business.
(3) $4.3 million relates to the reduction of the U.S. corporate income tax rate due to the Tax Act.