Customer Allowances and Discounts
 3 Months Ended
May 27, 2016
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Customer Allowances and Discounts

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 27, 2016      February 29, 2016      May 29, 2015  

Allowance for seasonal sales returns

    $ 20,011       $ 21,518       $ 20,026   

Allowance for outdated products

      7,574         8,372         10,547   

Allowance for doubtful accounts

      1,681         1,628         1,603   

Allowance for marketing funds

      28,912         26,371         26,373   

Allowance for rebates

      19,993         24,373         24,828   
  

 

 

     

 

 

     

 

 

  
   $ 78,171       $ 82,262       $ 83,377   
  

 

 

     

 

 

     

 

 

  

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 $10.3 million, $16.0 million and $14.6 million as of May 27, 2016, February 29, 2016 and May 29, 2015, respectively.