EX-99.1 7 lantronix_10k-ex9901.htm CONSOLIDATED VALUATION AND QUALIFYING Unassociated Document
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, 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
  
                           
Fiscal year ended June 30, 2007:
                          
Deducted from asset accounts:
                          
Allowance for doubtful accounts
  
$
84
  
$
26
  
$
(5
)
$
105
  
Reserve for excess and obsolete inventory
    
4,689
   
13
   
(1,776
)
  
2,926
 
Warranty reserve
    
693
   
107
   
(354
)
  
446
 
Total
  
$
5,466
  
$
146
  
$
(2,135
)
$
3,477