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Valuation and Qualifying Accounts
 12 Months Ended
Mar. 31, 2016
Valuation And Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts

TIDEWATER INC. AND SUBSIDIARIES

Valuation and Qualifying Accounts

Years Ended March 31, 2016, 2015 and 2014

(In thousands)

 

Description

 

Balance at

Beginning

of period

 

 

Additions

at Cost

 

 

Deductions

 

 

Balance

at

End of

Period

 

Fiscal 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deducted in balance sheet from Trade accounts receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

37,634

 

 

 

2,768

 

 

 

28,952

 

(A)

 

11,450

 

Fiscal 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deducted in balance sheet from Trade accounts receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

35,737

 

 

 

2,405

 

 

 

508

 

 

 

37,634

 

Fiscal 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deducted in balance sheet from Trade accounts receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

46,332

 

 

 

1,399

 

 

 

11,994

 

(B)

 

35,737

 

 

  (A)

Of this amount, $28,412 represents previously reserved accounts receivables related to our Venezuelan operations which were removed from the company’s books. Please refer to Note (11) of Notes to Consolidated Financial Statements included in Item 8 of this Annual Report on Form 10-K for additional information regarding the company’s Venezuelan operations.

  (B)

Of this amount, $3,151 represents the collections from one customer located in Mexico and $8,843 represents accounts receivable amounts considered uncollectible and removed from accounts receivable with an offsetting reduction to the allowance for doubtful accounts