OTHER CURRENT ASSETS, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES AND DEFERRED CREDITS

6 Months Ended

Sep. 30, 2016

(10)	OTHER CURRENT ASSETS, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES AND DEFERRED CREDITS

A summary of other current assets at September 30, 2016 and March 31, 2016 is as follows:

	September 30,		March 31,
(In thousands)	2016		2016
Deposits on vessel construction options (A)	$	13,474		30,285
Deposits - general		8,656		8,076
Prepaid expenses		9,744		6,394
Total other current assets	$	31,874		44,755

(A)

Refer to Note (8) for additional discussion regarding the vessels under construction with option agreements.

A summary of other assets at September 30, 2016 and March 31, 2016 is as follows:

	September 30,		March 31,
(In thousands)	2016		2016
Recoverable insurance losses	$	11,144		9,412
Deferred income tax assets		46,868		33,505
Savings plans and supplemental plan		14,546		14,472
Other		17,409		14,297
Total other assets	$	89,967		71,686

A summary of accrued expenses at September 30, 2016 and March 31, 2016 is as follows:

	September 30,		March 31,
(In thousands)	2016		2016
Payroll and related payables	$	12,248		12,864
Commissions payable		3,722		7,193
Accrued vessel expenses		37,639		45,838
Accrued interest expense		15,231		15,120
Other accrued expenses		7,245		10,596
Total accrued expenses	$	76,085		91,611

A summary of other current liabilities at September 30, 2016 and March 31, 2016 is as follows:

	September 30,		March 31,
(In thousands)	2016		2016
Taxes payable	$	35,299		45,854
Deferred gain on vessel sales - current		23,798		23,798
Other		1,248		5,173
Total other current liabilities	$	60,345		74,825

A summary of other liabilities and deferred credits at September 30, 2016 and March 31, 2016 is as follows:

	September 30,		March 31,
(In thousands)	2016		2016
Postretirement benefits liability	$	1,872		4,755
Pension liabilities		39,106		41,690
Deferred gain on vessel sales		100,822		112,721
Other		22,730		22,380
Total other liabilities and deferred credits	$	164,530		181,546