Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 31, 2018

Schedule II — Valuation and Qualifying Accounts

Accounts Receivable — Allowance for doubtful accounts

Years Ended March 31,	Description	Balance at beginning of period		Charge to (recovery of) bad debts expense		Acquisition		Amounts written off		Balance at end of period
2018	Allowance for doubtful accounts	$	4,140,000	$	21,000	$	-	$	19,000	$	4,142,000
2017	Allowance for doubtful accounts	$	4,284,000	$	3,000	$	-	$	147,000	$	4,140,000
2016	Allowance for doubtful accounts	$	629,000	$	4,404,000	$	-	$	749,000	$	4,284,000

Accounts Receivable — Allowance for customer-payment discrepancies

Years Ended March 31,	Description	Balance at beginning of period		Charge to (recovery of) discrepancies expense			Acquisition		Amounts Processed			Balance at end of period
2018	Allowance for customer-payment discrepancies	$	751,000	$	998,000		$	-	$	639,000		$	1,110,000
2017	Allowance for customer-payment discrepancies	$	703,000	$	718,000		$	-	$	670,000		$	751,000
2016	Allowance for customer-payment discrepancies	$	852,000	$	(299,000	)	$	-	$	(150,000	)	$	703,000

Inventory — Allowance for excess and obsolete inventory

Years Ended March 31,	Description	Balance at beginning of period		Provision for excess and obsolete inventory		Acquisition			Amounts written off		Balance at end of period
2018	Allowance for excess and obsolete inventory	$	4,125,000	$	8,491,000	$	77,000	(1)	$	6,011,000	$	6,682,000
2017	Allowance for excess and obsolete inventory	$	3,626,000	$	3,864,000	$	-		$	3,365,000	$	4,125,000
2016	Allowance for excess and obsolete inventory	$	2,675,000	$	4,518,000	$	-		$	3,567,000	$	3,626,000

(1)

Allowance for excess and obsolete inventory established in the opening balance sheet in connection with the Company’s July 2017 acquisition.