Customer Allowances and Discounts

3 Months Ended

May. 29, 2015

Note 8 – 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 29, 2015		February 28, 2015		May 30, 2014
Allowance for seasonal sales returns	$	20,026	$	18,895	$	23,214
Allowance for outdated products		10,547		11,074		10,313
Allowance for doubtful accounts		1,603		1,730		2,115
Allowance for marketing funds		26,373		26,841		33,027
Allowance for rebates		24,828		34,214		29,236

	$	83,377	$	92,754	$	97,905

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, $17.0 million and $14.6 million as of May 29, 2015, February 28, 2015 and May 30, 2014, respectively.