XML 29 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
SCHEDULE II - Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2016
Valuation and Qualifying Accounts  
Valuation and Qualifying Accounts

 

NORTECH SYSTEMS INCORPORATED AND SUBSIDIARY

SCHEDULE II — Valuation and Qualifying Accounts

FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015

 

 

 

 

Additions

 

 

 

 

 

 

 

Balance at

 

Charged

 

 

 

Balance at

 

 

 

Beginning

 

to Costs

 

 

 

End of

 

Classification

 

of Year

 

and Expenses

 

Deductions

 

Year

 

Year Ended December 31, 2016:

 

 

 

 

 

 

 

 

 

Allowance for Uncollectible Accounts

 

$

320,000

 

$

759,000

 

$

(196,000

)

$

883,000

 

Inventory Reserves

 

750,000

 

595,000

 

(672,000

)

673,000

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2015:

 

 

 

 

 

 

 

 

 

Allowance for Uncollectible Accounts

 

$

137,000

 

$

225,000

 

$

(42,000

)

$

320,000

 

Inventory Reserves

 

732,000

 

457,000

 

(439,000

)

750,000