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Schedule II Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]  
Schedule II Valuation and Qualifying Accounts
SCHEDULE II
VALUATION AND QUALIFYING ACCOUNTS


(In thousands)
Balance at
Beginning of
Year
Amounts
Charged to
Expense (Income)
 
 
Deductions
 
Other (a)
Balance at
End of
Year
Year Ended March 31, 2023     
Reserves for sales returns and allowance$14,561 $56,796  $(56,366)$(250)$14,741 
Reserves for trade promotions24,644 84,034 (86,868)(250)21,560 
Reserves for consumer coupon redemptions3,891 884 (2,790)— 1,985 
Allowance for credit losses1,598 730  (530)— 1,798 
Year Ended March 31, 2022     
Reserves for sales returns and allowance12,163 53,230  (51,579)747 14,561 
Reserves for trade promotions18,422 89,547 (84,270)945 24,644 
Reserves for consumer coupon redemptions1,941 4,107 (4,586)2,429 3,891 
Allowance for credit losses1,545 58  (5)— 1,598 
Year Ended March 31, 2021     
Reserves for sales returns and allowance15,809 46,195 (49,841)— 12,163 
Reserves for trade promotions18,389 83,479 (83,446)— 18,422 
Reserves for consumer coupon redemptions2,063 3,751 (3,873)— 1,941 
Allowance for credit losses1,385 259  (99)— 1,545 
Deferred tax valuation allowance5,441 (5,441)
(b)
— — — 
(a) Relates to opening balance sheet adjustments for our Akorn acquisition.
(b) Relates to the release of the valuation allowance on foreign tax credits.