EX-99.1 8 mtex10-kexh9912021.htm EX-99.1 SCHEDULE II
Exhibit 99.1
MANNATECH, INCORPORATED AND SUBSIDIARIES
SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS
(in thousands)

|  |  | Additions |  |
| Balance at Beginning of Year |  | Charged to Costs and Expenses |  | Charged to other Accounts |  | Deductions |  | Balance at End of Year
Year Ended December 31, 2020 |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts | $ | 708 |  |  | 208 |  |  | — |  |  | (99) |  |  | $ | 817 |
Allowance for obsolete inventories | $ | 874 |  |  | 506 |  |  | — |  |  | (909) |  |  | $ | 471 |
Valuation allowance for deferred tax assets | $ | 12,375 |  |  | (442) |  |  | — |  |  | — |  |  | $ | 11,933 |
Included in accrued expenses: |  |  |  |  |  |  |  |  |
Reserve for sales returns | $ | 68 |  |  | 1,033 |  |  | — |  |  | (1,030) |  |  | $ | 71 |
Year Ended December 31, 2021 |  |  |  |  |  |  |  |  |
Deducted from asset accounts: |  |  |  |  |  |  |  |  |
Allowance for doubtful accounts | $ | 817 |  |  | 246 |  |  | — |  |  | (76) |  |  | $ | 987 |
Allowance for obsolete inventories | $ | 471 |  |  | 638 |  |  | — |  |  | (662) |  |  | $ | 447 |
Valuation allowance for deferred tax assets | $ | 11,933 |  |  | (3,999) |  |  | — |  |  | — |  |  | $ | 7,934 |
Included in accrued expenses: |  |  |  |  |  |  |  |  |
Reserve for sales returns | $ | 71 |  |  | 767 |  |  | — |  |  | (783) |  |  | $ | 55 |