XML 50 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
Valuation and Qualifying Accounts
 12 Months Ended
Mar. 31, 2017
Valuation And Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts

TIDEWATER INC. AND SUBSIDIARIES

Valuation and Qualifying Accounts

Years Ended March 31, 2017, 2016 and 2015

(In thousands)

 

Description

 

Balance at

Beginning

of period

 

 

Additions

at Cost

 

 

Deductions

 

 

Balance

at

End of

Period

 

Fiscal 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deducted in balance sheet from Trade accounts receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Allowance for doubtful accounts

 

$

11,450

 

 

 

5,348

 

 

 

633

 

 

 

16,165

 

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

 

 

  (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.