Customer Allowances and Discounts

9 Months Ended

Nov. 28, 2014

Note 8 – Customer Allowances and Discounts

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


(In thousands)	November 28, 2014		February 28, 2014		November 29, 2013
Allowance for seasonal sales returns	$	26,651	$	26,613	$	30,028
Allowance for outdated products		9,624		9,692		9,848
Allowance for doubtful accounts		1,752		2,488		3,934
Allowance for marketing funds		33,155		28,277		28,416
Allowance for rebates		31,987		27,369		29,191

	$	103,169	$	94,439	$	101,417

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 $16.1 million, $16.5 million and $15.4 million as of November 28, 2014, February 28, 2014 and November 29, 2013, respectively.