MATRIX SERVICE CO
For the period ended Jun 30, 2024. Filed Sep 10, 2024.
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FY2024 · Filed Sep 10, 2024
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Schedule II—Valuation and Qualifying Accounts
June 30, 2024, June 30, 2023, and June 30, 2022
| COL. A · COL. B · COL. CADDITIONS · COL. D · COL. E | ||||||
|---|---|---|---|---|---|---|
| Balance atBeginning ofPeriod · Charged toCosts andExpenses · Charged to Other Accounts—Describe · Deductions—Describe · Balance atEnd ofPeriod | ||||||
| Deducted from asset accounts: | ||||||
| Allowance for credit losses | $1,061 | $3 | $— | $(863) | (A) | $201 |
| Valuation allowance for deferred tax assets | 41,060 | 8,542 | — | (168) | (B) | 49,434 |
| Total | $42,121 | $8,545 | $— | $(1,031) | $49,635 | |
| Deducted from asset accounts: | ||||||
| Allowance for credit losses | $1,320 | $(88) | $— | $(171) | (A) | $1,061 |
| Valuation allowance for deferred tax assets | 28,615 | 12,595 | — | (150) | (B) | 41,060 |
| Total | $29,935 | $12,507 | $— | $(321) | $42,121 | |
| Deducted from asset accounts: | ||||||
| Allowance for credit losses | $898 | $738 | $— | $(316) | (A) | $1,320 |
| Valuation allowance for deferred tax assets | 11,104 | 17,943 | — | (432) | (B) | 28,615 |
| Total | $12,002 | $18,681 | $— | $(748) | $29,935 | |
(A)Relates to various write-offs and cash receipts of previously reserved accounts from prior periods.
(B)Relates to foreign currency translation for the portion of the valuation allowance on net operating loss and tax credit carryforwards in foreign jurisdictions.
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