EXPONENT INC
For the period ended Dec 29, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
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Schedule II - Valuation and Qualifying Accounts
Schedule II
Valuation and Qualifying Accounts
| Additions · Deletions (1) | |||||
|---|---|---|---|---|---|
| (In thousands) | Balance at Beginningof Year | ProvisionCharged toExpense | ProvisionCharged toRevenues | AccountsWritten-off Net ofRecoveries | Balanceat Endof Year |
| Allowance for bad debt | $1,239 | $856 | $— | $(933) | $1,162 |
| Allowance for contract losses | $4,954 | $— | $2,368 | $(3,203) | $4,119 |
| Allowance for bad debt | $973 | $455 | $— | $(189) | $1,239 |
| Allowance for contract losses | $3,450 | $— | $2,626 | $(1,122) | $4,954 |
| Allowance for bad debt | $879 | $454 | $— | $(360) | $973 |
| Allowance for contract losses | $3,116 | $— | $1,505 | $(1,171) | $3,450 |
(1)
Balance includes currency translation adjustments.
Recoveries of accounts receivable previously written off were $181,000, $11,000 and $23,000 for 2023, 2022 and 2021, respectively.
Schedules other than above have been omitted since they are either not required, not applicable, or the information is otherwise included in the Annual Report on Form 10-K.
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