88 / Schnitzer Steel Industries, Inc. Form 10-K 2021 Schedule II – Valuation and Qualifying Accounts For the Years Ended August 31, 2021, 2020, and 2019 (In thousands) Column A Column B Column C Column D Column E Description Balance at Beginning of Period Charged to Cost and Expense Deductions Balance at End of Period Fiscal 2021 Allowance for credit losses $ 1,593 $ — $ (27) $ 1,566 Deferred tax valuation allowance $ 16,933 $ 482 $ (2,893) $ 14,522 Fiscal 2020 Allowance for doubtful accounts $ 1,569 $ 66 $ (42) $ 1,593 Deferred tax valuation allowance $ 16,436 $ 1,293 $ (796) $ 16,933 Fiscal 2019 Allowance for doubtful accounts $ 2,586 $ 74 $ (1,091) $ 1,569 Deferred tax valuation allowance $ 16,484 $ 472 $ (520) $ 16,436
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