Question: Need help with question b please. Thank you. 2015 2014 December 31 ($ thouands) Deferred tax assets Stock-based compensation Allowance for doubtful accounts and other

 Need help with question b please. Thank you. 2015 2014 December

31 ($ thouands) Deferred tax assets Stock-based compensation Allowance for doubtful accounts

Need help with question b please. Thank you.

2015 2014 December 31 ($ thouands) Deferred tax assets Stock-based compensation Allowance for doubtful accounts and other reserves Accrued expenses Foreign net operating loss carryforward Deferred rent Inventory obsolescence reserves Tax basis inventory adjustment U.S. net operating loss carryforward Foreign tax credits State tax credits, net of foreign impact Deferred compensation Other Total deferred tax assets Less: valuation allowance Total net deferred tax assets Deferred tax liability Property, plant and equipment Intangible asset Prepaid expenses Other Total deferred tax liabilities Total deferred tax assets, net $ 40,406 $35,161 33,821 24,774 19,999 11,398 19,600 16,302 13,991 11,005 11,956 8,198 10,019 5,845 9,217 4,733 6,151 5,131 4,966 4,245 2,080 1,858 6,346 4,592 178,552 133,242 (24,043) (15,550) 154,509 117,692 (31,069) (17,638) (22,820) (7,010) (8,766) (6,424) (627) (612) (63,282) (31,684) $91,227 $ 86,008 Use the above information along with the information below to answer the requirements. $thousands 2012 2013 Deferred tax asset $ 64,453 $ 106,377 Valuation allowance 3,966 8,091 b. Reformulate the balance sheet for each of the four years 2012-2015. Use rounded answers computed in part a. to complete the table below. Use negative signs with answers to indicate adjustments that reduce account balances. Balance Sheet Adjustments 2012 2013 2014 2015 Valuation allowance 0 x $ 0 x $ 0 x $ Deferred tax assets OX 0 x Total assets Retained earnings $ 0 0 X OX OX 0 0 x OX 0X 0

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