Valuation and Qualifying Accounts

12 Months Ended

Feb. 28, 2013

Valuation and Qualifying Accounts

SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS

AMERICAN GREETINGS CORPORATION AND SUBSIDIARIES

(In thousands of dollars)

COLUMN A	COLUMN B		COLUMN C						COLUMN D			COLUMN E
			ADDITIONS
Description	Balance at Beginning of Period		(1) Charged to Costs and  Expenses			(2) Charged (Credited) to Other Accounts-Describe			Deductions- Describe			Balance at End of Period
Year ended February 28, 2013:
Deduction from asset account:
Allowance for doubtful accounts	$	4,480	$	16,064		$	(48	)(A)	$	17,077	(B)	$	3,419
Allowance for seasonal sales returns	$	34,285	$	129,233		$	(482	)(A)	$	138,462	(C)	$	24,574
Allowance for other assets	$	10,000	$	(1,768	)	$	—		$	332	(D)	$	7,900
Year ended February 29, 2012:
Deduction from asset account:
Allowance for doubtful accounts	$	5,374	$	4,776		$	64	(A)	$	5,734	(B)	$	4,480
Allowance for seasonal sales returns	$	34,058	$	152,786		$	(159	)(A)	$	152,400	(C)	$	34,285
Allowance for other assets	$	10,700	$	603		$	—		$	1,303	(D)	$	10,000
Year ended February 28, 2011:
Deduction from asset account:
Allowance for doubtful accounts	$	2,963	$	3,834		$	(47	)(A)	$	1,376	(B)	$	5,374
Allowance for seasonal sales returns	$	36,443	$	164,389		$	896	(A)	$	167,670	(C)	$	34,058
Allowance for other assets	$	12,400	$	(455	)	$	—		$	1,245	(D)	$	10,700

Note A: Translation adjustment on foreign subsidiary balances.

Note B: Accounts charged off, less recoveries.

Note C: Sales returns charged to the allowance account for actual returns.

Note D: Deferred contract costs charged to the allowance account.