MTMC » Topics » Allowance for Doubtful Accounts

These excerpts taken from the MTMC 10-K filed Jun 24, 2008.

Allowance for Doubtful Accounts

We estimate the allowance for doubtful accounts based on historical experience, customer credit risk and application of the specific identification method. The Company writes off accounts receivable against the allowance when a balance is determined to be uncollectible. If actual customer performance were to deteriorate to an extent not expected by us, additional allowances may be required which could have an adverse effect on our consolidated financial results. Conversely, if actual customer performance were to improve to an extent not expected by us, a reduction in allowances may be required which could have a favorable effect on our consolidated financial results.

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Allowance for Doubtful Accounts



We estimate the allowance for doubtful accounts based on historical experience, customer credit risk and application of the specific identification method. The Company writes off accounts receivable against the allowance
when a balance is determined to be uncollectible. If actual customer performance were to deteriorate to an extent not expected by us, additional allowances may be required which could have an adverse effect on our consolidated financial results.
Conversely, if actual customer performance were to improve to an extent not expected by us, a reduction in allowances may be required which could have a favorable effect on our consolidated financial results.



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This excerpt taken from the MTMC 10-K filed Jun 29, 2007.

Allowance for Doubtful Accounts

We estimate the allowance for doubtful accounts based on historical experience, customer credit risk and application of the specific identification method. The Company writes off accounts receivable against the allowance when a balance is determined to be uncollectible.

This excerpt taken from the MTMC 10-K filed Sep 12, 2006.

8. Allowance for Doubtful Accounts

      Information relating to the allowance for doubtful accounts is as follows:

      Beginning of
Year

  Additions(a)

  Deductions(b)

  End of Year

      

Year ended March 31,

                               
      

2004

     $ 873        $        $ 640        $ 233  
      

2005

       233          615          107          741  
      

2006

     $ 741        $ 788        $ 552        $ 977  
      

                               


     
(a)     Includes bad debt provisions and allowance assumed through acquisitions.
     
(b)     Includes write-offs for uncollectible accounts receivables and net changes to allowance estimates.
This excerpt taken from the MTMC 10-K filed Jun 29, 2005.

Allowance for Doubtful Accounts

      The Company performs periodic reviews of collectibility and provides an allowance for doubtful accounts receivable as management deems necessary. Management considers historical and industry trends in establishing such allowance. Management considers the allowance for doubtful accounts at June 30, 2004 and December 31, 2003 of approximately $2,000 to be adequate to provide for losses, which could be sustained in the realization of these accounts. Although the Company expects to collect net amounts due, actual collections may differ from these estimated amounts.

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