Annual report pursuant to Section 13 and 15(d)

VALUATION AND QUALIFYING ACCOUNTS

v2.4.0.8
VALUATION AND QUALIFYING ACCOUNTS
 12 Months Ended
Mar. 31, 2014
Valuation And Qualifying Accounts [Abstract]  
VALUATION AND QUALIFYING ACCOUNTS

GRAHAM CORPORATION AND SUBSIDIARIES

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

(In Thousands)

 

Description

    Balance at
Beginning
of Period		      Charged to
Costs and
Expenses		     Charged to
Other
Accounts		      Deductions     Balance at
End of
Period		  

Year ended March 31, 2014

             

Reserves deducted from the asset to which they apply:

             

Reserve for doubtful accounts receivable

    $ 33       $ 19      $ —       $ (6 )    $ 46   

Reserves included in the balance sheet caption “accrued expenses”

             

Product warranty liability

      408         125        —         (225 )      308   

Year ended March 31, 2013

             

Reserves deducted from the asset to which they apply:

             

Reserve for doubtful accounts receivable

    $ 43       $ (10 )    $ —       $ —      $ 33   

Reserves included in the balance sheet caption “accrued expenses”

             

Product warranty liability

      215         360        —         (167 )      408   

Year ended March 31, 2012

             

Reserves deducted from the asset to which they apply:

             

Reserve for doubtful accounts receivable

    $ 26       $ 98      $ —       $ (81 )    $ 43   

Reserves included in the balance sheet caption “accrued expenses”

             

Product warranty liability

      202         53        —         (40 )      215