Petsmart 2001 Annual Report Download - page 60

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SCHEDULE II
PETsMART, INC. AND SUBSIDIARIES
Valuation and Qualifying Accounts
Balance at Balance
beginning Charged to at end
Description of period expense Deductions of period
Valuation reserve deducted in the balance sheet from
the asset to which it applies:
Merchandise inventories:
Fiscal year 1998, Lower of cost or market
allowance ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $3,654 $ 346 $(2,041) $1,959
Fiscal year 1999, Lower of cost or market
allowance ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $1,959 $1,755 $(1,198) $2,516
Fiscal year 2000, Lower of cost or market
allowance ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $2,516 $6,201 $(4,428) $4,289
F-31