WOLVERINE WORLD WIDE INC DE
For the period ended Dec 30, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
WWW$21.96+3.0%Stored close · as of Nov 9, 2026
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Appendix A: Financial Statement Schedule A-1
APPENDIX A
Schedule II - Valuation and Qualifying Accounts
Wolverine World Wide, Inc. and Subsidiaries
| (In millions) · Balance atBeginning ofPeriod · Charged toCosts andExpenses · Deductions(Describe) · Balance atEnd ofPeriod | |||||
|---|---|---|---|---|---|
| Allowance for credit losses | $3.3 | $5.0 | $2.6 | (A) | $5.7 |
| Product returns reserve | 15.3 | 134.6 | 136.8 | (B) | 13.1 |
| Allowance for cash discounts and customer markdowns | 7.8 | 14.1 | 9.3 | (C) | 12.6 |
| Inventory valuation allowances | 33.0 | 7.9 | 20.2 | (D) | 20.7 |
| Total | $59.4 | $161.6 | $168.9 | $52.1 | |
| Allowance for credit losses | $4.0 | $1.8 | $2.5 | (A) | $3.3 |
| Product returns reserve | 16.6 | 106.0 | 107.3 | (B) | 15.3 |
| Allowance for cash discounts and customer markdowns | 7.7 | 10.9 | 10.8 | (C) | 7.8 |
| Inventory valuation allowances | 10.7 | 30.0 | 7.7 | (D) | 33.0 |
| Total | $39.0 | $148.7 | $128.3 | $59.4 | |
| Allowance for credit losses | $6.7 | $(2.4) | $0.3 | (A) | $4.0 |
| Product returns reserve | 15.6 | 52.5 | 51.5 | (B) | 16.6 |
| Allowance for cash discounts and customer markdowns | 11.2 | 9.4 | 12.9 | (C) | 7.7 |
| Inventory valuation allowances | 9.1 | 5.6 | 4.0 | (D) | 10.7 |
| Total | $42.6 | $65.1 | $68.7 | $39.0 | |
(A)Accounts charged off, net of recoveries.
(B)Actual customer returns.
(C)Discounts given to customers.
(D)Adjustment upon disposal of related inventories.
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