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Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2023
Notes to Financial Statements  
SEC Schedule, 12-09, Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

FRIEDMAN INDUSTRIES, INCORPORATED

(In thousands)

 

Description

 

Balance at

             
  

Beginning

          

Balance at

 
  

of Period

  

Additions (A)

  

Deductions

  

End of Period

 

Year ended March 31, 2023

                

Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)

 $85  $98     $183 

Year ended March 31, 2022

                

Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)

 $18  $67     $85 

 


(A)

Additions consist of charges to bad debt expense of approximately $98 and $67 during fiscal years 2023 and 2022, respectively.