Customer Allowances and Discounts

12 Months Ended

Feb. 28, 2011

Customer Allowances and Discounts [Abstract]

CUSTOMER ALLOWANCES AND DISCOUNTS

NOTE 6 – CUSTOMER ALLOWANCES AND DISCOUNTS

Trade accounts receivable are reported net of certain allowances and discounts. The most significant of these are as follows:

	February 28, 2011		February 28, 2010
Allowance for seasonal sales returns	$	34,058	$	36,443
Allowance for outdated products		8,264		10,438
Allowance for doubtful accounts		5,374		2,963
Allowance for cooperative advertising and marketing funds		25,631		24,061
Allowance for rebates		24,920		29,338
	$	98,247	$	103,243

Certain customer allowances and discounts are settled in cash. These accounts, primarily rebates, which are classified as “Accrued liabilities” on the Consolidated Statement of Financial Position, totaled $11,913 and $15,326 as of February 28, 2011 and 2010, respectively.