Petsmart 2005 Annual Report Download - page 90

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SCHEDULE II
PetSmart, Inc. and Subsidiaries
Valuation and Qualifying Accounts
Description
Balance at
Beginning
of Period
Charged to
Expense Deductions
Balance at
End of
Period
(In thousands)
Valuation reserve deducted in the balance sheet from the
asset to which it applies:
Merchandise inventories:
Lower of cost or market
Fiscal 2003................................ $ 1,412 $ 1,502 $ (1,069) $ 1,845
Fiscal 2004................................ $ 1,845 $ 387 $ (949) $ 1,283
Fiscal 2005................................ $ 1,283 $ 8,347 $ (1,096) $ 8,534
Shrink
Fiscal 2003................................ $10,243 $15,375 $(15,563) $10,055
Fiscal 2004................................ $10,055 $15,186 $(20,955) $ 4,286
Fiscal 2005................................ $ 4,286 $24,671 $(23,226) $ 5,731
A-2