Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts

v2.4.0.6
Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2013
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

SCHEDULE II


CROWN CRAFTS, INC. AND SUBSIDIARIES


ANNUAL REPORT ON FORM 10-K


 

Valuation and Qualifying Accounts

Column A

Column B

Column C

Column D

Column E

 

Balance at Beginning

of Period

Charged to

Expenses

Deductions(1)

Balance at End of

Period

 

(in thousands)

Accounts Receivable Valuation Accounts:

                               

Year Ended April 1, 2012

                               

Allowance for customer deductions

  $ 1,395   $ 7,882   $ 8,215   $ 1,062

Year Ended March 31, 2013

                               

Allowance for customer deductions

  $ 1,062   $ 3,832   $ 4,545   $ 349

 

(1)

Deductions from the allowance for customer deductions for the fiscal year ended April 1, 2012 included volume rebates from one of the Company’s largest customers. For the fiscal year ended March 31, 2013, the volume rebates for this customer were taken as a reduction from each invoice, rather than as a periodic charge back from the customer as a deduction from the allowance for customer deductions.