Description

Balance at
beginning
of year

Net provision/(benefit)
charged to
operations

Currency
revaluation

Net write-offs

Balance at
end of year

Year ended January 31, 2023:

Allowance for expected credit losses

$

5,831

$

1,000

$

(8

)

$

(1,846

)

$

4,977

Returns

13,715

30,418

(59

)

(30,987

)

13,087

Other sales allowances

9,105

15,258

(76

)

(15,793

)

8,494

Deferred tax asset valuation allowance

7,021

(2,193

)

(328

)

(459

)

4,041

Total

$

35,672

$

44,483

$

(471

)

$

(49,085

)

$

30,599

Year ended January 31, 2022:

Allowance for expected credit losses

$

7,042

$

(98

)

(1)

$

(161

)

$

(952

)

$

5,831

Returns

13,901

31,105

(223

)

(31,068

)

13,715

Other sales allowances

8,154

10,798

(169

)

(9,678

)

9,105

Deferred tax asset valuation allowance

7,007

1,001

(158

)

(829

)

7,021

Total

$

36,104

$

42,806

$

(711

)

$

(42,527

)

$

35,672

Year ended January 31, 2021:

Allowance for expected credit losses

$

5,643

$

1,331

$

316

$

(248

)

$

7,042

Returns

13,280

31,892

325

(31,596

)

13,901

Other sales allowances

8,801

6,189

251

(7,087

)

8,154

Deferred tax asset valuation allowance

5,481

1,644

538

(656

)

7,007

Total

$

33,205

$

41,056

$

1,430

$

(39,587

)

$

36,104