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These excerpts taken from the HTCO 10-K filed Mar 5, 2009. Allowance for Doubtful Accounts
We maintain allowances for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. In making the determination of the appropriate allowance for doubtful accounts, we consider specific accounts, historical write-offs, changes in customer relationships and credit worthiness and concentrations of credit risk. Specific accounts receivable are written off once a determination is made that the account is uncollectible. Additional allowances may be required if the financial condition of our customers were to deteriorate, resulting in an impairment of their ability to make payments. The allowance for doubtful accounts was $905,000 and $1,184,000 as of December 31, 2008 and 2007, respectively.
Allowance for Doubtful Accounts
We maintain allowances for doubtful accounts
Allowance for Doubtful Accounts
We maintain allowances for doubtful accounts
Allowance for Doubtful Accounts
We maintain allowances for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. In making the determination of the appropriate allowance for doubtful accounts, we consider specific accounts, historical write-offs, changes in customer relationships and credit worthiness credit risk. Specific accounts receivable are written-off once a determination is made that the account is uncollectible. If the financial condition of our customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required. The allowance for doubtful accounts was $905,000 and $1,184,000 as of December 31, 2008 and 2007, respectively.
Allowance for Doubtful Accounts
We maintain
Allowance for Doubtful Accounts
We maintain
These excerpts taken from the HTCO 10-K filed Feb 29, 2008. Allowance for Doubtful Accounts
We maintain allowances for doubtful accounts for estimated losses resulting from the inability of our customers to make required payments. In making the determination of the appropriate allowance for doubtful accounts, we consider specific accounts, historical write–offs, changes in customer relationships and credit worthiness credit risk. Specific accounts receivable are written–off once a determination is made that the account is uncollectible. If the financial condition of our customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required. The allowance for doubtful accounts was $1,184,000 and $851,000 as of December 31, 2007 and 2006, respectively.
Allowance for Doubtful Accounts
We maintain
This excerpt taken from the HTCO 10-K filed Mar 14, 2007. Allowance
for Doubtful Accounts – HickoryTech maintains allowances for
doubtful accounts for estimated losses resulting from the inability of our
customers to make required payments. In making the determination of the
appropriate allowance for doubtful accounts, we consider specific accounts,
historical write-offs, changes in customer relationships and credit worthiness
and concentrations of credit risk. Specific accounts receivable are
written-off once a determination is made that the account is uncollectible. If
the financial condition of our customers were to deteriorate, resulting in an
impairment of their ability to make payments, additional allowances may be
required. The allowance for doubtful accounts was $851,000 and $334,000 as of
December 31, 2006 and 2005, respectively.
This excerpt taken from the HTCO 10-K filed Mar 7, 2006. Allowance for Doubtful Accounts
–
HickoryTech’s allowance for doubtful accounts is an estimate based on
specifically identified accounts as well as less specific reserves established
based upon historical collection experience. HickoryTech evaluates specific
accounts where it has information that the customer may have an inability to
meet its financial obligations, the customer is delinquent or the customer may
dispute the charges. In these cases, management uses its judgment, based on the
best available facts and circumstances, and records a specific reserve for that
customer against amounts due to reduce the receivable to the amount that is expected
to be collected. These specific reserves are reevaluated and adjusted as
additional information is received that impacts the amount reserved.
HickoryTech also establishes a less specific reserve for all customers based on
a range of percentages applied to aging categories. These percentages are based
on historical collection and write-off experience. If circumstances change,
HickoryTech’s estimates of the recoverability of amounts due the Company could
be reduced or increased by a material amount. Such a change in estimated
recoverability would be accounted for in the period in which the facts that
give rise to the change become known. The allowance for doubtful accounts was
$334,000 and $1,256,000 as of December 31, 2005 and 2004, respectively.
29
This excerpt taken from the HTCO 10-K filed Mar 4, 2005. Allowance for Doubtful Accounts – HickoryTech’s
allowance for doubtful accounts is an estimate based on specifically identified
accounts as well as less specific reserves established based upon historical
collection experience. HickoryTech evaluates specific accounts where it has
information that the customer may have an inability to meet its financial
obligations, the customer is delinquent or the customer may dispute the
charges. In these cases, management uses its judgment, based on the best
available facts and circumstances, and records a specific reserve for that
customer against amounts due to reduce the receivable to the amount that is
expected to be collected. These specific reserves are reevaluated and adjusted
as additional information is received that impacts the amount reserved.
HickoryTech also establishes a less specific reserve for all customers based on
a range of percentages applied to aging categories. These percentages are based
on historical collection and write-off experience. If circumstances change,
HickoryTech’s estimates of the recoverability of amounts due the Company could
be reduced or increased by a material amount. Such a change in estimated
recoverability would be accounted for in the period in which the facts that
give rise to the change become known. The allowance for doubtful accounts was
$1,256,000 and $1,283,000 as of December 31, 2004 and 2003, respectively.
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