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

9 Months Ended

Dec. 31, 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 December 31, 2016 and March 31, 2016 is as follows:

	December 31,		March 31,
(In thousands)	2016		2016
Deposits on vessel construction options (A)	$	50		30,285
Deposits - general		12,670		8,076
Prepaid expenses		9,333		6,394
Total other current assets	$	22,053		44,755

(A)

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

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

	December 31,		March 31,
(In thousands)	2016		2016
Recoverable insurance losses	$	11,047		9,412
Deferred income tax assets		55,039		33,505
Savings plans and supplemental plan		14,452		14,472
Other		18,234		14,297
Total other assets	$	98,772		71,686

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

	December 31,		March 31,
(In thousands)	2016		2016
Payroll and related payables	$	11,301		12,864
Commissions payable		4,140		7,193
Accrued vessel expenses		37,849		45,838
Accrued interest expense		4,902		15,120
Other accrued expenses		9,220		10,596
Total accrued expenses	$	67,412		91,611

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

	December 31,		March 31,
(In thousands)	2016		2016
Taxes payable	$	24,968		45,854
Deferred gain on vessel sales - current		23,798		23,798
Other		1,508		5,173
Total other current liabilities	$	50,274		74,825

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

	December 31,		March 31,
(In thousands)	2016		2016
Postretirement benefits liability	$	311		4,755
Pension liabilities		40,289		41,690
Deferred gain on vessel sales		94,873		112,721
Other		23,764		22,380
Total other liabilities and deferred credits	$	159,237		181,546