SYSTEMAX INC.

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

For the years ended December:
(in millions)

Description	Balance at Beginning of Period	Charged to Expenses	Write-offs	Other	Balance at End of Period
Allowance for doubtful accounts
2019	$ 1.0	$ 1.0	$ (0.8)	$ 0.0	$ 1.2 ⁽¹⁾
2018	$ 1.1	$ 0.7	$ (0.8)	$ 0.0	$ 1.0 ⁽¹⁾
2017	$ 9.1	$ 1.0	$ (9.0)	$ 0.0	$ 1.1 ⁽¹⁾⁽²⁾
Allowance for sales returns ⁽⁴⁾
2019	$ 0.0	$ 0.0	$ 0.0	$ 0.0	$ 0.0
2018	$ 0.0	$ 0.0	$ 0.0	$ 0.0	$ 0.0
2017	$ 1.4	$ 1.4	$ 0.0	$ (1.4) ⁽³⁾	$ 1.4
Allowance for inventory returns ⁽⁵⁾
2019	$ 0.0	$ 0.0	$ 0.0	$ 0.0	$ 0.0
2018	$ 0.0	$ 0.0	$ 0.0	$ 0.0	$ 0.0
2017	$ (0.6)	$ (0.5)	$ 0.0	$ 0.6 ⁽³⁾	$ (0.5)
Allowance for deferred tax assets
2019	$ 18.3	$ (0.3)	$ 0.0	$ (1.2)	$ 16.8
2018	$ 18.3	$ (0.3)	$ 0.0	$ 0.3	$ 18.3
2017	$ 69.0	$ (28.6)	$ (2.9)	$ (19.2)	$ 18.3

¹ Excludes approximately $5.6 million of reserves related to notes receivable and tax refund receivables originated in 2016.

² Excludes approximately $0.4 million of reserves related to non-trade receivables.

³ Amounts represent gross revenue and cost reversals to the estimated sales returns and allowances accounts.

⁴ Amounts in 2019 and 2018 are reported within accrued expenses and other current liabilities, as Product Returns Liability (see Note 4 and 9).

⁵ Amounts in 2019 and 2018 are reported within prepaid expenses and other current assets.