Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Dec. 29, 2012

Schedule II - Valuation and Qualifying Accounts

APPENDIX B

Schedule II - Valuation and Qualifying Accounts

Wolverine World Wide, Inc. and Subsidiaries

Column A	Column B		Column C			Column D			Column E
			Additions
Description	Balance at Beginning of Period		(1) Charged to Costs and Expenses		(2) Charged to Other Accounts (Describe)	Deductions (Describe)			Balance at End of Period
Fiscal year-ended December 29, 2012
Deducted from asset accounts:
Allowance for doubtful accounts	$	4,780,000	$	8,657,000		$	10,839,000	(A)		$   2,598,000
Allowance for sales returns		5,197,000		53,943,000			50,138,000	(B)		9,002,000
Allowance for cash discounts		2,711,000		11,813,000			11,295,000	(C)		3,229,000
Inventory valuation allowances		10,330,000		7,749,000			5,560,000	(D)		12,519,000
	$	23,018,000	$	82,162,000		$	77,832,000			$ 27,348,000
Fiscal year-ended December 31, 2011
Deducted from asset accounts:
Allowance for doubtful accounts	$	5,754,000	$	5,953,000		$	6,927,000	(A)		$   4,780,000
Allowance for sales returns		4,474,000		48,484,000			47,761,000	(B)		5,197,000
Allowance for cash discounts		1,185,000		10,084,000			8,558,000	(C)		2,711,000
Inventory valuation allowances		8,619,000		8,753,000			7,042,000	(D)		10,330,000
	$	20,032,000	$	73,274,000		$	70,287,000			$ 23,018,000
Fiscal year-ended January 1, 2011
Deducted from asset accounts:
Allowance for doubtful accounts	$	8,137,000	$	3,846,000		$	6,229,000	(A)		$   5,754,000
Allowance for sales returns		4,649,000		38,093,000			38,268,000	(B)		4,474,000
Allowance for cash discounts		1,160,000		10,568,000			10,543,000	(C)		1,185,000
Inventory valuation allowances		6,350,000		8,276,000			6,007,000	(D)		8,619,000
	$	20,296,000	$	60,783,000		$	61,047,000			$ 20,032,000

(A) Accounts charged off, net of recoveries.

(B) Actual customer returns.

(C) Discounts given to customers.

(D) Adjustment upon disposal of related inventories.