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Schedule II: Valuation and Qualifying Acounts
 12 Months Ended
Nov. 24, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts
SCHEDULE II
 
 
 
 
 
 
 
 
 
LEVI STRAUSS & CO. AND SUBSIDIARIES
VALUATION AND QUALIFYING ACCOUNTS
 
 
 
 
 
 
 
 
Allowance for Doubtful Accounts
Balance at Beginning of Period
 
Additions Charged to Expenses
 
Deductions(1)
 
Balance at End of Period
 
(Dollars in thousands)
November 24, 2019
$
10,037

 
$
(978
)
 
$
2,887

 
$
6,172

November 25, 2018
$
11,726

 
$
2,284

 
$
3,973

 
$
10,037

November 26, 2017
$
11,974

 
$
1,645

 
$
1,893

 
$
11,726

 
 
 
 
 
 
 
 
Sales Returns
Balance at Beginning of Period
 
Additions Charged to Net Sales
 
Deductions(1)
 
Balance at End of Period
 
(Dollars in thousands)
November 24, 2019(2)
$
53,684

 
$
259,866

 
$
313,550

 
$
—

November 25, 2018
$
47,401

 
$
245,665

 
$
239,382

 
$
53,684

November 26, 2017
$
36,457

 
$
211,741

 
$
200,797

 
$
47,401

 
 
 
 
 
 
 
 
Sales Discounts and Incentives
Balance at Beginning of Period
 
Additions Charged to Net Sales
 
Deductions(1)
 
Balance at End of Period
 
(Dollars in thousands)
November 24, 2019(2)
$
120,704

 
$
351,686

 
$
470,634

 
$
1,756

November 25, 2018
$
135,139

 
$
357,929

 
$
372,364

 
$
120,704

November 26, 2017
$
105,477

 
$
342,169

 
$
312,507

 
$
135,139

 
 
 
 
 
 
 
 
Valuation Allowance Against Deferred Tax Assets
Balance at Beginning of Period
 
Charges/(Releases) to Tax Expense
 
(Additions) / Deductions
 
Balance at End of Period
 
(Dollars in thousands)
November 24, 2019
$
21,970

 
$
(81
)
 
$
2,278

 
$
19,611

November 25, 2018
$
38,692

 
$
(16,242
)
 
$
480

 
$
21,970

November 26, 2017
$
68,212

 
$
(19,301
)
 
$
10,219

 
$
38,692

_____________
(1)
The charges to the accounts are for the purposes for which the allowances were created.
(2)
In accordance with ASU 2014-09, “Revenue from Contracts with Customers”, adopted in 2019, allowances for estimated returns, discounts and retailer promotions and other similar incentives are presented as other accrued liabilities rather than netted within accounts receivable. Refer to Note 1 for more information.