v3.26.1
Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Mar. 01, 2026
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

PARK AEROSPACE CORP. AND SUBSIDIARIES

 

SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS

 

           

Column C

                 

Column A

 

Column B

   

Additions

   

Column D

   

Column E

 
                                         

Description

 

Balance at

Beginning of

Period

   

Costs and

Expenses

   

Other

   

Reductions

   

Balance at End

of Period

 
                                         

DEFERRED INCOME TAX ASSET VALUATION ALLOWANCE:

                                       
                                         

52 weeks ended March 1, 2026

  $ 2,938,000     $ -     $ -     $ -     $ 2,938,000  

52 weeks ended March 2, 2025

  $ 2,938,000     $ -     $ -     $ -     $ 2,938,000  

53 weeks ended March 3, 2024

  $ 2,938,000     $ -     $ -     $ -     $ 2,938,000  

 

 

 

                   

Column D

         

Column A

 

Column B

   

Column C

   

Other

   

Column E

 
                                         

Description

 

Balance at

Beginning of

Period

   

Charged to

Cost and

Expenses

   

Accounts

Written Off (A)

   

Translation

Adjustment

   

Balance at End

of Period

 
                                         

ALLOWANCE FOR CREDIT LOSSES:

                                       
                                         

52 weeks ended March 1, 2026

  $ 125,000     $ 46,200     $ (60,200 )   $ -     $ 111,000  

52 weeks ended March 2, 2025

  $ 128,000     $ 6,000     $ (9,000 )   $ -     $ 125,000  

53 weeks ended March 3, 2024

  $ 120,000     $ 16,000     $ (8,000 )   $ -     $ 128,000  

 

(A) Uncollectible amounts, net of recoveries