Schedule ii - Valuation and Qualifying Accounts

12 Months Ended

May 31, 2012

Schedule ii - Valuation and Qualifying Accounts

WORTHINGTON INDUSTRIES, INC. AND SUBSIDIARIES

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

COL. A.	COL. B.		COL. C.					COL. D.			COL. E.
Description			Additions
	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts – Describe (B)		Deductions – Describe (C)			Balance at End of Period
Year Ended May 31, 2012: Deducted from asset accounts: Allowance for possible losses on trade accounts receivable	$	4,150,000	$	339,000		$	370,000	$	1,530,000		$	3,329,000
Year Ended May 31, 2011: Deducted from asset accounts: Allowance for possible losses on trade accounts receivable	$	5,752,000	$	1,236,000		$	106,000	$	2,732,000	(D)	$	4,150,000
Year Ended May 31, 2010: Deducted from asset accounts: Allowance for possible losses on trade accounts receivable	$	12,470,000	$	(900,000	) (A)	$	29,000	$	5,847,000		$	5,752,000

Note A – Net allowance reversal, adjusted through expense.

Note B – Miscellaneous amounts.

Note C – Uncollectable accounts charged to the allowance.

Note D – Includes $686,000 related to the deconsolidation of our metal framing business.