SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-09, 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, 2020, 2019, and 2018

(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, 2020
Tax valuation allowance	3,386		3,439		50		(1)	5,635		(2)	1,240
Total	$	3,386	$	3,439	$	50		$	5,635		$	1,240
December 31, 2019
Tax valuation allowance	11,646		1,305		(22)		(1)	9,543		(3)	3,386
Total	$	11,646	$	1,305	$	(22)		$	9,543		$	3,386
December 31, 2018
Tax valuation allowance	12,322		108		17		(1)	801			11,646
Total	$	12,322	$	108	$	17		$	801		$	11,646

(1) Primarily foreign currency translation adjustments.

(2) $3.8 million relates to net operating losses reclassified as held-to-sale.

(3) $5.7 million relates to the capital loss carryforward expiration from the sale of the Downstream oil and gas business.