Company: PRSU
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0000950170-25-040127
Chunk: 9

Company: Pursuit Attractions & Hospitality, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 16
Chunk 9
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None.

84

PURSUIT ATTRACTIONS AND HOSPITALITY, INC.SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS 

      Additions

      Deductions

      (in thousands)
       
      Balance at Beginning of Year

      Charged to Expense(1)

      Charged to Other Accounts(2)

      Write-Offs(3)

      Other(4)

      Balance at End of Year

      Allowances for doubtful accounts:

      December 31, 2022

      146

      137

      —

      (55
      )

      (167
      )

      61

      December 31, 2023

      61

      53

      —

      —

      174

      288

      December 31, 2024

      288

      (25
      )

      —

      —

      (72
      )

      191

      Deferred tax valuation allowance:

      December 31, 2022

      67,882

      3,610

      —

      —

      (1,169
      )

      70,323

      December 31, 2023

      70,323

      3,071

      —

      (1,831
      )

      968

      72,531

      December 31, 2024

      72,531

      15,660

      (44,011
      )

      —

      (622
      )

      43,558

     (1)Includes bad debt recoveries.(2)Primarily relates to the valuation allowance utilized against deferred assets offsetting the gain on sale and operations of discontinued operations.(3)Includes adjustments to the valuation allowance on deferred tax assets associated with expired and written off assets.(4)“Other” primarily includes adjustments to the tax valuation allowance attributable to other comprehensive income adjustments and foreign exchange translation adjustments.

85

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on March 17, 2025.

    PURSUIT ATTRACTIONS AND HOSPITALITY, INC

    By:
    /s/ David W. Barry

    David W. Barry

    President and Chief Executive Officer

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