Table:
|  | March 31, |  |
| --- | --- | --- |
|  | 2019 | 2018 |
| Deferred tax assets: |  |  |
| Net operating loss carry forwards | $78,986 | $115,064 |
| Sales allowances and inventory reserves | 10,967 | 9,675 |
| Medical and employee benefits | 35,298 | 38,572 |
| Depreciation and differences in basis | 5,318 | 6,241 |
| Accrued restructuring | 469 | 2,551 |
| Anti-trust fines and settlements | 910 | 16,575 |
| Tax credits | 3,394 | 4,208 |
| Stock-based compensation | 5,589 | 1,765 |
| Other(1) | 1,342 | 2,812 |
| Total deferred tax assets before valuation allowance | 142,273 | 197,463 |
| Less valuation allowance | (58,658) | (171,401) |
| Total deferred tax assets | 83,615 | 26,062 |
| Deferred tax liabilities: |  |  |
| Unremitted earnings of subsidiaries | (21,850) | (11,678) |
| Amortization of intangibles and debt discounts | (11,996) | (14,054) |
| Non-amortized intangibles | (1,551) | (1,551) |
| Total deferred tax liabilities | (35,397) | (27,283) |
| Net deferred tax assets (liabilities) | $48,218 | $(1,221) |
Paragraphs:
The components of deferred tax assets and liabilities are as follows (amounts in thousands):
(1) March 31, 2018 adjusted due to the adoption of ASC 606.
Question:
What was the percentage change in the Net deferred tax assets (liabilities) between 2018 and 2019?
Answer: (48218-(-1221))/-1221 = -4049.06