HARLEY-DAVIDSON INC
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule II – Valuation and qualifying accounts
SCHEDULE II -CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Accounts receivable - Allowance for doubtful accounts | |||
| Balance, beginning of period | $2,082 | $2,887 | $2,440 |
| Provision charged to expense | 1,548 | 46 | 679 |
| Reserve adjustments | (96) | 54 | (89) |
| Write-offs, net of recoveries | (180) | (905) | (143) |
| Balance, end of period | $3,354 | $2,082 | $2,887 |
| Finance receivables - Allowance for credit losses | |||
| Balance, beginning of period | $381,966 | $358,711 | $339,379 |
| Provision for credit losses | 247,225 | 227,158 | 145,133 |
| Charge-offs, net of recoveries | (228,008) | (203,903) | (125,801) |
| Balance, end of period | $401,183 | $381,966 | $358,711 |
| Inventories - Allowance for obsolescence(a) | |||
| Balance, beginning of period | $110,246 | $84,587 | $62,969 |
| Provision charged to expense | 19,138 | 45,093 | 29,060 |
| Reserve adjustments | (608) | 519 | (366) |
| Write-offs, net of recoveries | (44,148) | (19,953) | (7,076) |
| Balance, end of period | $84,628 | $110,246 | $84,587 |
| Deferred tax assets - Valuation allowance | |||
| Balance, beginning of period | $48,516 | $40,878 | $33,596 |
| Adjustments | 10,797 | 7,638 | 7,282 |
| Balance, end of period | $59,313 | $48,516 | $40,878 |
(a)Inventory obsolescence reserves deducted from cost determined on first-in, first-out (FIFO) basis, before deductions for last-in, first-out (LIFO) valuation reserves.
Various instruments relating to the Company’s long-term debt described in this report need not be filed herewith pursuant to Item 601(b)(4)(iii)(A) of Regulation S-K. The registrant, by signing this report, agrees to furnish the Securities and Exchange Commission, upon its request, with a copy of any such instrument.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.