Note 7 – Customer Allowances and Discounts

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


(In thousands)	May 30, 2014		February 28, 2014		May 31, 2013
Allowance for seasonal sales returns	$	23,214	$	26,613	$	29,296
Allowance for outdated products		10,313		9,692		11,971
Allowance for doubtful accounts		2,115		2,488		3,443
Allowance for marketing funds		33,027		28,277		27,305
Allowance for rebates		29,236		27,369		30,276

	$	97,905	$	94,439	$	102,291

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 $14.6 million, $16.5 million and $14.3 million as of May 30, 2014, February 28, 2014 and May 31, 2013, respectively.