| SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS |
APPLIED INDUSTRIAL TECHNOLOGIES, INC. & SUBSIDIARIES SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS YEARS ENDED JUNE 30, 2026, 2025, AND 2024 (in thousands) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | COLUMN A | | COLUMN B | | COLUMN C | | | COLUMN D | | | COLUMN E | | DESCRIPTION | | Balance at Beginning of Period | | Additions (Deductions) Charged to Cost and Expenses | | Additions (Deductions) Charged to Other Accounts | | | Deductions from Reserve | | | Balance at End of Period | | Year Ended June 30, 2026 | | | | | | | | | | | | | | Reserve deducted from assets to which it applies — | | | | | | | | | | | | | | Accounts receivable: | | | | | | | | | | | | | | Allowance for doubtful accounts | | $ | 16,462 | | | $ | 4,613 | | | $ | — | | | | $ | 5,620 | | (B) | | $ | 15,455 | | | Returns reserve | | 10,869 | | | — | | | 1,361 | | (A) | | — | | | | 12,230 | | | | $ | 27,331 | | | $ | 4,613 | | | $ | 1,361 | | | | $ | 5,620 | | | | $ | 27,685 | | | Year Ended June 30, 2025 | | | | | | | | | | | | | | Reserve deducted from assets to which it applies — | | | | | | | | | | | | | | Accounts receivable: | | | | | | | | | | | | | | Allowance for doubtful accounts | | $ | 13,063 | | | $ | 5,978 | | | $ | — | | | | $ | 2,579 | | (B) | | $ | 16,462 | | | Returns reserve | | 10,815 | | | — | | | 54 | | (A) | | — | | | | 10,869 | | | | $ | 23,878 | | | $ | 5,978 | | | $ | 54 | | | | $ | 2,579 | | | | $ | 27,331 | | | Year Ended June 30, 2024 | | | | | | | | | | | | | | Reserve deducted from assets to which it applies — | | | | | | | | | | | | | | Accounts receivable: | | | | | | | | | | | | | | Allowance for doubtful accounts | | $ | 22,334 | | | $ | (205) | | | $ | — | | | | $ | 9,066 | | (B) | | $ | 13,063 | | | Returns reserve | | 12,635 | | | — | | | (1,820) | | (A) | | — | | | | 10,815 | | | | $ | 34,969 | | | $ | (205) | | | $ | (1,820) | | | | $ | 9,066 | | | | $ | 23,878 | |
(A)Amounts in the years ending June 30, 2026, 2025 and 2024 represent reserves recorded for the return of merchandise by customers. The Company is required to establish a sales returns reserve at the gross sales value with a corresponding asset established for the value of the expected product to be returned. (B)Amounts represent uncollectible accounts charged off.
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