Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 31, 2020

Schedule II — Valuation and Qualifying Accounts

Accounts Receivable — Allowance for doubtful accounts

Years Ended March 31,	Description	Balance at beginning of year		Charge to bad debts expense		Acquisition			Amounts written off		Balance at end of year
2020	Allowance for doubtful accounts	$	4,100,000	$	610,000	$	-		$	458,000	$	4,252,000
2019	Allowance for doubtful accounts	$	4,142,000	$	224,000	$	63,000	(1)	$	329,000	$	4,100,000
2018	Allowance for doubtful accounts	$	4,140,000	$	21,000	$	-		$	19,000	$	4,142,000

(1)

Allowance for doubtful accounts established in the opening balance sheet in connection with the Company’s January 2019 acquisition.

Accounts Receivable — Allowance for customer-payment discrepancies

Years Ended March 31,	Description	Balance at beginning of year		Charge to discrepancies expense		Acquisition		Amounts Processed		Balance at end of year
2020	Allowance for customer-payment discrepancies	$	854,000	$	1,626,000	$	-	$	1,440,000	$	1,040,000
2019	Allowance for customer-payment discrepancies	$	1,110,000	$	731,000	$	-	$	987,000	$	854,000
2018	Allowance for customer-payment discrepancies	$	751,000	$	998,000	$	-	$	639,000	$	1,110,000

Inventory — Allowance for excess and obsolete inventory

Years Ended March 31,	Description	Balance at beginning of year		Provision for excess and obsolete inventory		Acquisition			Amounts written off		Balance at end of year
2020	Allowance for excess and obsolete inventory	$	11,899,000	$	13,372,000	$	-		$	12,063,000	$	13,208,000
2019	Allowance for excess and obsolete inventory	$	6,682,000	$	11,153,000	$	-		$	5,936,000	$	11,899,000
2018	Allowance for excess and obsolete inventory	$	4,125,000	$	8,491,000	$	77,000	(2)	$	6,011,000	$	6,682,000

(2)

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