XML 51 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2014
Schedule of Fair Value Assets Measurement

The following table provides the fair value hierarchy for the plan assets measured at fair value as of June 30, 2014:

 

(In thousands)    Total    

    Quoted prices in    

active markets

(Level 1)

 

Significant    

    observable        

inputs    

(Level 2)    

  

Significant        

unobservable        

inputs        

(Level 3)        

Equity securities:

                 

Common stock

     $ 4,277         4,277         ---          ---  

Preferred stock

       ---         ---         ---          ---  

Foreign stock

       190         190         ---          ---  

American depository receipts

       1,807         1,807         ---          ---  

Preferred American depository receipts

       15         15         ---          ---  

Real estate investment trusts

       40         40         ---          ---  

Debt securities:

                 

Government debt securities

       2,002         1,426         576          ---  

Open ended mutual funds

       1,827         1,827         ---          ---  

Cash and cash equivalents

       305         21         284          ---  

Total

     $ 10,463         9,603         860          ---  

Other pending transactions

       (119 )       (119 )       ---          ---  

Total fair value of plan assets

     $         10,344         9,484         860          ---  
   

 

The following table provides the fair value hierarchy for the plan assets measured at fair value as of March 31, 2014:

 

   

(In thousands)    Total    

    Quoted prices in    

active markets

(Level 1)

 

Significant    

    observable        

inputs    

(Level 2)    

  

Significant        

unobservable        

inputs        

(Level 3)        

Equity securities:

                 

Common stock

     $ 4,141         4,141         ---          ---  

Preferred stock

       ---         ---         ---          ---  

Foreign stock

       231         231         ---          ---  

American depository receipts

       1,809         1,809         ---          ---  

Preferred American depository receipts

       15         15         ---          ---  

Real estate investment trusts

       38         38         ---          ---  

Debt securities:

                 

Government debt securities

       1,975         1,363         612          ---  

Open ended mutual funds

       1,797         1,797         ---          ---  

Cash and cash equivalents

       369         57         312          ---  

Total

     $ 10,375         9,451         924          ---  

Other pending transactions

       (90 )       (90 )       ---          ---  

Total fair value of plan assets

     $ 10,285         9,361         924          ---  
   
Schedule of Fair Value Other Financial Instruments Measured

The following table provides the fair value hierarchy for the company’s other financial instruments measured as of June 30, 2014:

 

(In thousands)    Total     

    Quoted prices in    

active markets

(Level 1)

  

Significant    

    observable        

inputs    

(Level 2)    

  

Significant    

unobservable    

inputs    

(Level 3)    

Money market cash equivalents

     $         1,876                1,876                  ---                ---  

Total fair value of assets

     $ 1,876                1,876                  ---                ---  
   

 

The following table provides the fair value hierarchy for the company’s other financial instruments measured as of March 31, 2014:

 

   

(In thousands)    Total     

    Quoted prices in    

active markets

(Level 1)

  

Significant    

    observable        

inputs    

(Level 2)    

  

Significant    

unobservable    

inputs    

(Level 3)    

Money market cash equivalents

     $ 16,559          16,559                  ---          ---  

Total fair value of assets

     $ 16,559          16,559                  ---          ---  
   
Summary of Gain on Assets Disposition

The below table summarizes the combined fair value of the assets that incurred impairments during the quarters ended June 30, 2014 and 2013, along with the amount of impairment. The impairment charges were recorded in gain on asset dispositions, net.

 

(In thousands)   

June 30,

2014

    

June 30,        

2013        

 

Amount of impairment incurred

   $             950                      3,872              

Combined fair value of assets incurring impairment

     220                      4,305