Exhibit 99.2

SCHEDULE II

FRANKLIN COVEY CO.

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

For the Three Years Ended August 31, 2008

(Dollars in Thousands)

Column A	Column B		Column C					Column D			Column E
			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses		Charged to Other Accounts			Deductions			Balance at End of Period
Year ended August 31, 2006:
Allowance for doubtful accounts	$	1,425	$	365	$	564	(3)	$	(1,375	)(1)	$	979
Allowance for inventories		5,324		989		-			(2,990	)(2)		3,323
	$	6,749	$	1,354	$	564		$	(4,365	)	$	4,302
Year ended August 31, 2007:
Allowance for doubtful accounts	$	979	$	207	$	-		$	(365	)(1)	$	821
Allowance for inventories		3,323		2,631		-			(1,702	)(2)		4,252
	$	4,302	$	2,838	$	-		$	(2,067	)	$	5,073
Year ended August 31, 2008:
Allowance for doubtful accounts	$	821	$	501	$	-		$	(256	)(1)(4)	$	1,066
Allowance for inventories		4,252		1,029		-			(4,202	)(2)(5)		1,079
	$	5,073	$	1,530	$	-		$	(4,458	)	$	2,145

 (1) Represents a write-off of accounts deemed uncollectible

 (2)Reduction in the allowance is due to a write-off of obsolete inventories

 (3) Amount was charged against balances recorded in accrued liabilities

 (4) Includes $23 of the allowance for doubtful accounts that was sold with the Consumer Solutions Business Unit assets

 (5) Includes $3,058 of inventory reserves that were sold with the Consumer Solutions Business Unit assets

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