SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2019

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS (in thousands)

DECEMBER 31, 2019, 2018 and 2017

			Additions
			(reductions)
	Balance at		charged				Balance at
	beginning		(credited) to				End of
Description	of year		expense		Deductions(1)		Year
2019:
Reserve for bad debts	$	1,128	$	676	$	467	$	1,337
Reserve for cash discounts		692		9,482		9,562		612
Deferred tax asset valuation		3,892		1,093		—		4,985
	$	5,712	$	11,251	$	10,029	$	6,934
2018:
Reserve for bad debts	$	1,197	$	38	$	107	$	1,128
Reserve for cash discounts		724		9,122		9,154		692
Deferred tax asset valuation		3,269		623		—		3,892
	$	5,190	$	9,783	$	9,261	$	5,712
2017:
Reserve for bad debts	$	1,225	$	27	$	55	$	1,197
Reserve for cash discounts		659		9,268		9,203		724
Deferred tax asset valuation		2,317		952		—		3,269
	$	4,201	$	10,247	$	9,258	$	5,190

(1) Deductions against reserve for bad debts consist of accounts receivable written off net of recoveries and exchange rate movements. Deductions against reserve for cash discounts consist of allowances to customers.