LIFETIME BRANDS, INC.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

(in thousands)


COL. A	COL. B		COL. C			COL. D				COL. E
Description	Balance at beginning of period		Additions charged to costs and expenses			Deductions				Balance at end of period
Year ended December 31, 2011
Deducted from asset accounts:
Allowance for doubtful accounts	$	1,057	$	63		$	(792	)	(a)	$	328
Reserve for sales returns and allowances		11,554		3,378	(c)		(10,658	)	(b)		4,274

	$	12,611	$	3,441		$	(11,450	)		$	4,602

Year ended December 31, 2010
Deducted from asset accounts:
Allowance for doubtful accounts	$	1,433	$	1,456		$	(1,832	)	(a)	$	1,057
Reserve for sales returns and allowances		15,124		661	(c)		(4,231	)	(b)		11,554

	$	16,557	$	2,117		$	(6,063	)		$	12,611

Year ended December 31, 2009
Deducted from asset accounts:
Allowance for doubtful accounts	$	1,853	$	1,204		$	(1,624	)	(a)	$	1,433
Reserve for sales returns and allowances		12,798		22,180	(c)		(19,854	)	(b)		15,124

	$	14,651	$	23,384		$	(21,478	)		$	16,557

(a)	Uncollectible accounts written off, net of recoveries.

(b)	Allowances granted.

(c)	Charged to net sales.