I just warrantied two older jackets this year through Burton. They gave me a choice to select any two items in the same price range. I got full retail value for my warrantied coats even though I bought them both on sale at the time.
I walked away with a jacket and pants instead of two coats again. Both of which also have a lifetime warranty.
Very pleased with their service as I had genuine manufacturer malfunctions. They might also give you store credit so you can go on their site and get whatever you want with it.
What was wrong with the jackets?