Balance at Beginning of Year

Additions Charged to Costs and Expenses

Additions Charged to Other Accounts

Deductions

Balance at Year End

Year ended March 31, 2024

(In thousands)

Allowance for LIFO

(deducted from inventory)

$

47,065

$

—

$

—

$

(734

)

$

46,331

Year ended March 31, 2023

Allowance for obsolescence

(deducted from inventory)

$

1,080

$

—

$

—

$

(151

)

$

929

Allowance for LIFO

(deducted from inventory)

$

37,400

$

9,665

$

—

$

—

$

47,065

Year ended March 31, 2022

Allowance for obsolescence

(deducted from inventory)

$

1,416

$

—

$

—

$

(336

)

$

1,080

Allowance for LIFO

(deducted from inventory)

$

21,832

$

15,568

$

—

$

—

$

37,400