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Schedule II Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]  
Schedule II Valuation and Qualifying Accounts
SCHEDULE II
SOTHEBY’S
VALUATION AND QUALIFYING ACCOUNTS
YEARS ENDED DECEMBER 31, 2014, 2013, AND 2012
Column A
 
Column B
 
Column C
 
Column D
 
Column E
Description
 
Balance at
Beginning
of Period
 
Charged to
Costs and
Expenses
 
Charged to
Other
Accounts
 
Deductions
 
Balance
at End of
Period
 
 
(Thousands of dollars)
Valuation reserve deducted in the balance sheet from the asset to which it applies:
 
 

 
 

 
 

 
 

 
 

Receivables:
 
 

 
 

 
 

 
 

 
 

2014 Allowance for doubtful accounts and credit losses
 
$
8,685

 
$
1,893

 
$
—

 
$
2,094

 
$
8,484

2013 Allowance for doubtful accounts and credit losses
 
$
7,969

 
$
1,444

 
$
—

 
$
728

 
$
8,685

2012 Allowance for doubtful accounts and credit losses
 
$
8,038

 
$
1,296

 
$
—

 
$
1,365

 
$
7,969

Deferred tax assets:
 


 


 
 
 


 
 

2014 Valuation allowance
 
$
3,227

 
$
29

 
$
—

 
$
1,032

 
$
2,224

2013 Valuation allowance
 
$
10,235

 
$
1,735

 
$
66

 
$
8,809

 
$
3,227

2012 Valuation allowance
 
$
6,000

 
$
4,333

 
$
—

 
$
98

 
$
10,235