STERIS plc
For the period ended Mar 31, 2025. Filed May 29, 2025.
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FY2025 · Filed May 29, 2025
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Schedule II - Valuation of Qualifying Accounts
SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS
| Description · Balance atBeginningof Period · Chargesto CostsandExpenses · Chargesto OtherAccounts · Deductions · Balance atEnd ofPeriod | ||||||||
|---|---|---|---|---|---|---|---|---|
| Deducted from asset accounts: | ||||||||
| Allowance for credit losses (1) | $22,984 | $9,109 | $(140) | (3) | $(7,599) | (4) | $24,354 | |
| Inventory valuation reserve | 43,893 | 5,566 | (2) | 314 | (3) | — | 49,773 | |
| Deferred tax asset valuation allowance | 26,374 | 7,537 | (425) | (3) | (2,879) | 30,607 | ||
| Recorded within liabilities: | ||||||||
| Casualty loss reserves | $30,736 | $8,400 | $427 | $(4,622) | $34,941 | |||
| Deducted from asset accounts: | ||||||||
| Allowance for credit losses (1) | $19,284 | $11,240 | $(96) | (3) | $(7,444) | (4) | $22,984 | |
| Inventory valuation reserve | 35,601 | 8,204 | (2) | 88 | (3) | — | 43,893 | |
| Deferred tax asset valuation allowance | 20,315 | 6,765 | 52 | (3) | (758) | 26,374 | ||
| Recorded within liabilities: | ||||||||
| Casualty loss reserves | $30,437 | $7,884 | $(2,389) | $(5,196) | $30,736 | |||
| Deducted from asset accounts: | ||||||||
| Allowance for trade accounts receivable (1) | $19,875 | $6,991 | $247 | (3) | $(7,829) | (4) | $19,284 | |
| Inventory valuation reserve | 22,617 | 12,652 | (2) | 332 | (3) | — | 35,601 | |
| Deferred tax asset valuation allowance | 24,691 | 1,733 | (530) | (3) | (5,579) | 20,315 | ||
| Recorded within liabilities: | ||||||||
| Casualty loss reserves | $26,126 | $7,829 | $2,040 | $(5,558) | $30,437 | |||
(1) Net allowance for credit losses and allowance for sales and returns.
(2) Provision for excess and obsolete inventory, net of inventory written off.
(3) Change in foreign currency exchange rates and acquired reserves.
(4) Uncollectible accounts written off, net of recoveries.
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