EX-32 9 b407492_ex32.txt CERTIFICATION Exhibit 32 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 In connection with the Annual Report of Emerson Radio Corp., (the "Company") on Form 10-K for the period ended March 31, 2005, filed with the Securities and Exchange Commission (the "Report"), Geoffrey P. Jurick, Chief Executive Officer, and Guy A. Paglinco, Chief Financial Officer, of the Company each hereby certifies pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that: (1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 as amended; and (2) The information contained in the Report fairly presents, in all material respects, the consolidated financial condition of the Company as of the dates presented and the consolidated result of operations of the Company for the periods presented. Dated: June 29, 2005 By: /s/ Geoffrey P. Jurick ---------------------- Geoffrey P. Jurick Chief Executive Officer By: /s/ Guy A. Paglinco ------------------- Vice President and Chief Financial Officer The foregoing certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code) and is not being filed as part of the Form 10-K or as a separate disclosure document. A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to Emerson Radio Corp. and will be retained by Emerson Radio Corp. and furnished to the Securities and Exchange Commission or its staff upon request. EMERSON RADIO CORP. AND SUBSIDIARIES SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (IN THOUSANDS)
COLUMN A COLUMN B COLUMN C COLUMN D COLUMN E ---------------------------------------------------------- ------------ -------------- -------------- ------------ BALANCE AT CHARGED TO BALANCE BEGINNING COSTS AND DEDUCTIONS AT END OF DESCRIPTION OF YEAR EXPENSES YEAR (B) ---------------------------------------------------------- ------------ -------------- -------------- ------------ ALLOWANCE FOR DOUBTFUL ACCOUNTS/CHARGEBACKS: Year ended: March 31, 2005 $ 1,284 $ 257 $ 666 $ 875 March 31, 2004 1,645 849 1,210(A) 1,284(C) March 31, 2003 2,960 2,546 3,861(A) 1,645 --------------------------------------------------------- SALES RETURN RESERVES: Year ended: March 31, 2005 $ 5,030 $ 16,672 $ 16,294 $ 5,408 March 31, 2004 6,061 14,619 15,650 5,030 March 31, 2003 6,072 16,470 16,481 6,061
(A) Accounts written off, net of recoveries. (B) Sales return reserves amounts include related accrued sales returns of $2,136,000, $2,521,000 and $3,768,000, for fiscal 2005, 2004 and 2003, respectively, which are not presented as part of the accounts receivable disclosed as "allowances" on the Consolidated Balance Sheets. (C) At March 31, 2004, $140,000 relates to SSG discontinued operations which is not included in the allowance for doubtful accounts / chargebacks.