SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Mar. 31, 2019

Schedule II - Valuation and Qualifying Accounts [Abstract]

Schedule II - Valuation and Qualifying Accounts

ePlus inc. AND SUBSIDIARIES

Schedule II - Valuation and Qualifying Accounts

(Dollars in thousands)

	Balance at Beginning of Period		Charged to Costs and Expenses			Deductions/ Write-Offs			Balance at End of Period
Allowance for Sales Returns: (1)
Year Ended March 31, 2017		653		1,530			(1,431	)		752
Year Ended March 31, 2018		752		2,579			(2,432	)		899
Year Ended March 31, 2019		899		1,305			(1,352	)		852
Reserve for Credit Losses:
Year Ended March 31, 2017		5,193		277			(78	)		5,392
Year Ended March 31, 2018		5,392		462			(3,190	)		2,664
Year Ended March 31, 2019		2,664		29			(84	)		2,609
Valuation for Deferred Taxes:
Year Ended March 31, 2017		1,270		-			-			1,270
Year Ended March 31, 2018		1,270		65			-			1,335
Year Ended March 31, 2019		1,335		(270	)		-			1,065

(1) These amounts represent the gross profit effect of sales returns during the respective years. Expected merchandise returns after year-end for sales made before year-end were $5.3 million, $5.3 million, and $4.6 million as of March 31, 2019, 2018, and 2017, respectively.