SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

CURTISS-WRIGHT CORPORATION and SUBSIDIARIES

SCHEDULE II – VALUATION and QUALIFYING ACCOUNTS

for the years ended December 31, 2012, 2011, and 2010

(In thousands)

			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged to Other Accounts (Describe)			Deductions (Describe)			Balance at End of Period

Deducted from assets to which they apply:

December 31, 2012
Reserves for inventory obsolescence	$	48,547	$	11,842	$	3,113	^(A)	$	13,169	^(B)	$	50,333
Reserves for doubtful accounts		6,880		5,301		557	^(A)		5,725	^(C)		7,013
Tax valuation allowance		5,518		1,665		1,348	^(A)		-			8,531
Total	$	60,945	$	18,808	$	5,018		$	18,894		$	65,877

December 31, 2011
Reserves for inventory obsolescence	$	41,596	$	12,038	$	1,948	^(A)	$	7,035	^(B)	$	48,547
Reserves for doubtful accounts		3,972		4,258		836	^(A)		2,186	^(C)		6,880
Tax valuation allowance		4,974		432		112	^(A)		-			5,518
Total	$	50,542	$	16,728	$	2,896		$	9,221		$	60,945

December 31, 2010
Reserves for inventory obsolescence	$	39,739	$	14,472	$	782	^(A)	$	13,397	^(B)	$	41,596
Reserves for doubtful accounts		3,997		2,753		50	^(A)		2,828	^(C)		3,972
Tax valuation allowance		5,924		(858)		(92)	^(A)		-			4,974
Total	$	49,660	$	16,367	$	740		$	16,225		$	50,542

Notes:

(A) Primarily amounts acquired from business combinations and currency translation adjustments.

(B) Write-off and sale of obsolete inventory.