Cabela's 2009 Annual Report Download - page 117

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108
Beginning
of Year
Balance
Charged to
Costs and
Expenses
Charged
to Other
Accounts
Net
Charge-
Offs
End
of Year
Balance
YEAR ENDED JANUARY 2, 2010:
Allowance for doubtful accounts $ 556 $808 $ - $ 808 $1,364
Allowance for credit card receivable loan losses 1,507 1,106 (1,239)(133)1,374
YEAR ENDED DECEMBER 27, 2008:
Allowance for doubtful accounts $ 1,851 $(1,295) $ - $ (1,295) $ 556
Allowance for credit card receivable loan losses 1,197 1,260 (950)310 1,507
YEAR ENDED DECEMBER 29, 2007:
Allowance for doubtful accounts $ 1,932 $(81) $ - $ (81) $ 1,851
Allowance for credit card receivable loan losses 699 1,748 (1,250)498 1,197
ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
ITEM 9A. CONTROLS AND PROCEDURES
We maintain disclosure controls and procedures (as defined in Rule 13a-15(e) under the Securities Exchange Act
of 1934 (the “Exchange Act”)) designed to ensure that information required to be disclosed in reports filed under the
Exchange Act is recorded, processed, summarized, and reported within specified time periods. Disclosure controls
and procedures include, without limitation, controls and procedures designed to ensure that information required to
be disclosed by us in the reports that we file or submit under the Exchange Act is accumulated and communicated
to management, including our Chief Executive Officer and Chief Financial Officer, or persons performing similar
functions, as appropriate to allow timely decisions regarding required disclosure.
In connection with this annual report on Form 10-K, our Chief Executive Officer and Chief Financial Officer
evaluated, with the participation of our management, the effectiveness of our disclosure controls and procedures as of
the end of the period covered by this report. Based on management’s evaluation, our Chief Executive Officer and Chief
Financial Officer each concluded that our disclosure controls and procedures were effective as of January 2, 2010.
Management’s Report on Internal Control Over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial
reporting for the Company. Internal control over financial reporting is a process to provide reasonable assurance
regarding the reliability of our financial reporting for external purposes in accordance with accounting principles
generally accepted in the United States of America.
CABELA’S INCORPORATED AND SUBSIDIARIES
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS
(In Thousands)