Customer Allowances and Discounts

9 Months Ended

Nov. 25, 2016

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 25, 2016		February 29, 2016		November 27, 2015
Allowance for seasonal sales returns	$	25,790	$	21,518	$	25,760
Allowance for outdated products		13,107		8,372		9,246
Allowance for doubtful accounts		1,975		1,628		1,942
Allowance for marketing funds		24,560		26,371		25,739
Allowance for rebates		20,099		24,373		25,143

	$	85,531	$	82,262	$	87,830

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 $10.9 million, $16.0 million and $16.6 million as of November 25, 2016, February 29, 2016 and November 27, 2015, respectively.