Annual report pursuant to Section 13 and 15(d)

Schedule II - Valuation and Qualifying Accounts

v3.7.0.1
Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2017
Valuation And Qualifying Accounts [Abstract]  
Schedule II - Valuation and Qualifying Accounts

GRAHAM CORPORATION AND SUBSIDIARIES

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

(In Thousands)

 

 

 

Balance at

 

 

Charged to

 

 

Charged to

 

 

 

 

 

 

Balance at

 

 

 

Beginning

 

 

Costs and

 

 

Other

 

 

 

 

 

 

End of

 

Description

 

of Period

 

 

Expenses

 

 

Accounts

 

 

Deductions

 

 

Period

 

Year ended March 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserves deducted from the asset to which they apply:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve for doubtful accounts receivable

 

$

91

 

 

$

91

 

 

$

 

 

$

(14

)

 

$

168

 

Reserves included in the balance sheet caption "accrued

   expenses"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product warranty liability

 

$

686

 

 

$

106

 

 

$

 

 

$

(254

)

 

$

538

 

Reserves included in the balance sheet caption "accrued

   compensation"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring reserve

 

$

74

 

 

$

630

 

 

$

 

 

$

(584

)

 

$

120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended March 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserves deducted from the asset to which they apply:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve for doubtful accounts receivable

 

$

62

 

 

$

38

 

 

$

 

 

$

(9

)

 

$

91

 

Reserves included in the balance sheet caption "accrued

   expenses"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product warranty liability

 

$

653

 

 

$

336

 

 

$

 

 

$

(303

)

 

$

686

 

Reserves included in the balance sheet caption "accrued

   compensation"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring reserve

 

$

1,718

 

 

$

(3

)

 

$

 

 

$

(1,641

)

 

$

74

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year ended March 31, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserves deducted from the asset to which they apply:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reserve for doubtful accounts receivable

 

$

46

 

 

$

24

 

 

$

 

 

$

(8

)

 

$

62

 

Reserves included in the balance sheet caption "accrued

   expenses"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product warranty liability

 

$

308

 

 

$

930

 

 

$

 

 

$

(585

)

 

$

653

 

Reserves included in the balance sheet caption "accrued

   compensation"

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restructuring reserve

 

$

 

 

$

1,718

 

 

$

 

 

$

 

 

$

1,718