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SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Aug. 31, 2014
Valuation and Qualifying Accounts [Abstract]  
SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

JABIL CIRCUIT, INC. AND SUBSIDIARIES

SCHEDULE OF VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

 

     Balance at
beginning
of period		      Additions and
adjustments
charged to costs
and expenses		      Additions/(Reductions)
charged to
other
accounts		     Write-offs     Balance at
end of period		  

Allowance for uncollectible accounts receivable:

             

Fiscal year ended August 31, 2014

    $ 2,574       $ 17,056       $ —       $ (17,636 )    $ 1,994   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2013

    $ 3,095       $ 1,617       $ —       $ (2,138 )    $ 2,574   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2012

    $ 4,423       $ 373       $ —       $ (1,701 )    $ 3,095   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  
     Balance at
beginning
of period		      Additions and
adjustments
charged to costs
and expenses		      Additions/(Reductions)
charged to
other
accounts		     Write-offs     Balance at
end of period		  

Reserve for inventory obsolescence:

             

Fiscal year ended August 31, 2014

    $ 48,168       $ 20,515       $ —       $ (19,252 )    $ 49,431   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2013

    $ 31,737       $ 27,109       $ —       $ (10,678 )    $ 48,168   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2012

    $ 24,173       $ 27,495       $ —       $ (19,931 )    $ 31,737   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  
     Balance at
beginning
of period		      Additions
charged to
costs and
expenses		      Additions/(Reductions)
charged to
other
accounts		     Reductions
charged to costs
and expenses		     Balance at
end of period		  

Valuation allowance for deferred taxes:

             

Fiscal year ended August 31, 2014

    $ 280,755       $ 60,334       $ (67,167 )    $ (12,637 )    $ 261,285   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2013

    $ 447,630       $ 28,221       $ (121,373 )    $ (73,723 )    $ 280,755   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

Fiscal year ended August 31, 2012

    $ 465,347       $ 65,431       $ (71,207 )    $ (11,941 )    $ 447,630   
  

 

 

     

 

 

     

 

 

    

 

 

    

 

 

  

During the fiscal year ended August 31, 2014, the increases charged to costs and expenses primarily related to losses in sites with existing valuation allowances, which were reduced by the partial release of the U.S. valuation allowance due to the Nypro acquisition. The reductions charged to other accounts primarily related to the gain on sale of discontinued operations that utilized net operating loss carry forwards.