Employee Benefit Plans (Tables)

3 Months Ended

Jun. 30, 2014

Schedule of Carrying Value of Trust Assets, Including Unrealized Gains or Losses

The following table summarizes the carrying value of the trust assets, including unrealized gains or losses at June 30, 2014 and March 31, 2014:


(In thousands)	June 30, 2014		March 31, 2014
Investments held in Rabbi Trust	$	10,344		10,285
Unrealized gains (losses) in fair value of trust assets		193		92
Unrealized gains (losses) in fair value of trust assets are net of income tax expense of		104		49
Obligations under the supplemental plan		22,354		21,918

Schedule of Net Periodic Benefit Cost

The net periodic benefit cost for the company’s U.S. defined benefit pension plan and the supplemental plan (referred to collectively as “Pension Benefits”) and the postretirement health care and life insurance plan (referred to collectively as “Other Benefits”) is comprised of the following components:


	Quarter Ended June 30,
(In thousands)	2014		2013
Pension Benefits:
Service cost	$	206		198
Interest cost		968		895
Expected return on plan assets		(685)		(718)
Amortization of prior service cost		12		12
Recognized actuarial loss		247		276
Net periodic benefit cost	$	748		663

Other Benefits:
Service cost	$	68		101
Interest cost		226		262
Amortization of prior service cost		(508)		(508)
Recognized actuarial benefit		(325)		(99)
Net periodic benefit cost	$	(539)		(244)