SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2019

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

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

LINCOLN ELECTRIC HOLDINGS, INC.

(In thousands)



			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged (Credited) to Other Accounts ⁽¹⁾			Deductions ⁽²⁾		Balance at End of Period
Allowance for doubtful accounts:
Year Ended December 31, 2019	$	12,827	$	1,227	$	3,792		$	1,844	$	16,002
Year Ended December 31, 2018	15,943		1,743		(1,037		)	3,822		12,827
Year Ended December 31, 2017	7,768		1,172		9,501			2,498		15,943

Deferred tax asset valuation allowance:
Year Ended December 31, 2019	$	69,400	$	3,691	$	(481	)	$	1,064	$	71,546
Year Ended December 31, 2018	68,694		1,891		2,437			3,622		69,400
Year Ended December 31, 2017	47,849		16,222		4,854			231		68,694


(1)	Currency translation adjustment, additions from acquisitions and other adjustments.

(2)

For the Allowance for doubtful accounts, deductions relate to uncollectible accounts written-off, net of recoveries. For the Deferred tax asset valuation allowance, deductions relate to the reversal of valuation allowances due to the realization of net operating loss carryforwards.