EXHIBIT 99.1 School Specialty, Inc. Valuation and Qualifying Accounts The Fiscal Years Ended April 25, 1998, April 24, 1999 and April 29, 2000 Balance at Charged to Charged to Balance at Beginning Costs and Other End of Description Date of Period Expenses Accounts Deductions Date Period Allowance for doubtful accounts April 27, 1997 471,000 274,000 293,000 (a) (322,000) (b) April 25, 1998 716,000 April 25, 1998 716,000 266,000 1,579,000 (a) (327,000) (b) April 24, 1999 2,234,000 April 24, 1999 2,234,000 171,000 200,000 (a) (861,000) (b) April 29, 2000 1,744,000 Accumulated amortization of intangibles April 27, 1997 3,324,000 2,061,000 (24,000) (c) April 25, 1998 5,361,000 April 25, 1998 5,361,000 4,656,000 (119,000) (c) April 24, 1999 9,898,000 April 24, 1999 9,898,000 6,895,000 (947,000) (c) April 29, 2000 15,846,000 ____________ (a) Allowance for doubtful accounts acquired in purchase acquisitions. (b) Represents (write-offs) / recoveries of uncollectable accounts receivable. (c) Represents (write-offs) / recoveries of fully amortized intangible assets.