VSE Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2024


	For the years ended December 31,
	2024		2023		2022
Allowance for credit losses (in thousands):
Allowance as of beginning of year	$	3,449	$	2,019	$	1,677
Additions charged to costs and operating expenses	3,922		1,484		2,084
Deductions	(910)		(54)		(1,742)
Allowance as of end of year	$	6,461	$	3,449	$	2,019


	For the years ended December 31,
	2024		2023		2022
Valuation allowance for deferred tax assets (in thousands):
Allowance as of beginning of year	$	9,906	$	8,337	$	8,257
Additions charged to costs and operating expenses	520		75		80
Additions charged to other accounts (a)	8,875		1,494		—
Allowance as of end of year	$	19,301	$	9,906	$	8,337
(a) 2024 activity primarily includes the valuation allowance established from the Kellstrom Aerospace acquisition.