GRAHAM CORPORATION AND SUBSIDIARIES
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS
(In Thousands)
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Balance at |
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Charged to |
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Charged to |
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Balance at |
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Beginning |
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Costs and |
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Other |
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End of |
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Description |
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of Period |
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Expenses |
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Accounts |
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Deductions |
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Period |
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Year ended March 31, 2024 |
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Reserves deducted from the asset to which they apply: |
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Reserve for doubtful accounts receivable |
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$ |
1,841 |
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$ |
587 |
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$ |
— |
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$ |
(2,349 |
) |
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$ |
79 |
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Product warranty liability |
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$ |
578 |
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$ |
410 |
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$ |
— |
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$ |
(182 |
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$ |
806 |
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Year ended March 31, 2023 |
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Reserves deducted from the asset to which they apply: |
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Reserve for doubtful accounts receivable |
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$ |
87 |
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$ |
1,765 |
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$ |
— |
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$ |
(11 |
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$ |
1,841 |
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Reserves included in the balance sheet caption "accrued expenses" |
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$ |
760 |
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$ |
— |
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$ |
— |
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$ |
(760 |
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$ |
— |
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Product warranty liability |
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$ |
441 |
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$ |
364 |
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$ |
— |
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$ |
(227 |
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$ |
578 |
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Year ended March 31, 2022 |
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Reserves deducted from the asset to which they apply: |
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Reserve for doubtful accounts receivable |
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$ |
29 |
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$ |
163 |
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$ |
21 |
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$ |
(126 |
) |
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$ |
87 |
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Reserves included in the balance sheet caption "accrued expenses" |
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$ |
— |
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$ |
1,073 |
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$ |
— |
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$ |
(313 |
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$ |
760 |
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Product warranty liability |
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$ |
626 |
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$ |
386 |
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$ |
169 |
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$ |
(740 |
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$ |
441 |
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Amounts under the column labeled "Charged to Other Accounts" above represent amounts acquired in the BN acquisition.
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