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Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts

LIFETIME BRANDS, INC.

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

(in thousands)


COL. A		COL. B				COL. C								COL. D				COL. E
						Additions
Description		Balance at beginning of period				Due to acquisitions				Charged to costs and expenses				Deductions				Balance at end of period
Year ended December 31, 2013
Deducted from asset accounts:
Allowance for doubtful accounts		$	361			$	—			$	260			$	(148	)^(a)		$	473
Reserve for sales returns and allowances			3,635				—				6,004	^(c)			(4,903	)^(b)			4,736

		$	3,996			$	—			$	6,264			$	(5,051	)		$	5,209

Year ended December 31, 2012
Deducted from asset accounts:
Allowance for doubtful Accounts		$	328			$	67			$	181			$	(215	)^(a)		$	361
Reserve for sales returns and allowances			4,274				179				6,660	^(c)			(7,478	)^(b)			3,635

		$	4,602			$	246			$	6,841			$	(7,693	)		$	3,996

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

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

^(b)	Allowances granted.

^(c)	Charged to net sales.