Franklin Covey (FC) 10-K 2002 FY Annual report

SCHEDULE II

Exhibit 99.3

FRANKLIN COVEY CO.

VALUATION AND QUALIFYING ACCOUNTS AND RESERVES

For the Three Years Ended August 31, 2002 for Continuing Operations

(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 Deductions Balance at End
of Period

Year ended August 31, 2000:

Allowance for doubtful accounts $    3,897 $    1,855 $   (2,606)¹ $    3,146

Year ended August 31, 2001:

Allowance for doubtful accounts $    3,146 $    2,255 $   (3,602)¹ $    1,799

Reserve for losses on management stock loans       1,052       1,052

$    3,146 $    3,307 $   (3,602) $    2,851

Year ended August 31, 2002:

Allowance for doubtful accounts $    1,799 $    1,680 $   (1,677)¹ $    1,802

Reserve for losses on management stock loans       1,052     24,775     25,827

$    2,851 $  26,455 $   (1,677) $  27,629

¹ Represents a write-off of accounts deemed uncollectible