EX-99.02 8 lantronix_ex9902.htm CONSOLIDATED VALUATION EX-99.02
Exhibit 99.1
SCHEDULE II

LANTRONIX, INC.
 
CONSOLIDATED VALUATION AND QUALIFYING ACCOUNTS
 
   
Balance at Beginning of
Fiscal Year
  
Charged
(recovered)
to Costs and Expenses
  
Deductions
  
Balance at
End of
Fiscal Year
  
       
 (In thousands)
      
Fiscal year ended June 30, 2004:
                  
Deducted from asset accounts:
                  
Allowance for doubtful accounts
  
$
572
  
$
(164
)
$
(231
)
$
177
  
Reserve for excess and obsolete inventory
    
7,997
   
368
   
(2,336
)
  
6,029
 
Warranty reserve
    
1,193
   
1,168
   
(591
)
  
1,770
 
Total
  
$
9,762
  
$
1,372
  
$
(3,158
)
$
7,976
  
                           
Fiscal year ended June 30, 2005:
                          
Deducted from asset accounts:
                          
Allowance for doubtful accounts
  
$
177
  
$
140
  
$
(159
)
$
158
  
Reserve for excess and obsolete inventory
    
6,029
   
216
   
(589
)
  
5,656
 
Warranty reserve
    
1,770
   
(88
)
  
(434
)
  
1,248
 
Total
  
$
7,976
  
$
268
  
$
(1,182
)
$
7,062
  
                           
Fiscal year ended June 30, 2006:
                          
Deducted from asset accounts:
                          
Allowance for doubtful accounts
  
$
158
  
$
(24
)
$
(50
)
$
84
  
Reserve for excess and obsolete inventory
    
5,656
   
(327
)
  
(640
)
  
4,689
 
Warranty reserve
    
1,248
   
(35
)
  
(520
)
  
693
 
Total
  
$
7,062
  
$
(386
)
$
(1,210
)
$
5,466