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Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2015
Valuation and Qualifying Accounts

SCHEDULE II

TIDEWATER INC. AND SUBSIDIARIES

Valuation and Qualifying Accounts

Years Ended March 31, 2015, 2014 and 2013

(In thousands)

 

                Description    Balance at
Beginning
of period
     Additions
at Cost
     Deductions    

Balance
at

End of
Period

       

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 (A)      35,737      

 

Fiscal 2013

                                       

Deducted in balance sheet from Trade accounts receivables:

             

Allowance for doubtful accounts

   $ 49,921         900         4,489 (B)      46,332      

 

 

(A)

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.

 

(B)

Of this amount, $3,852 is related to the revaluation of the allowance for doubtful accounts related to Venezuelan receivables and $637 related to receivables considered uncollectible and removed from accounts receivable by reducing the allowance for doubtful accounts.