Employee Benefit Plans (Tables)

6 Months Ended

Sep. 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 September 30, 2014 and March 31, 2014:


		September 30,		March 31,
(In thousands)		2014		2014
Investments held in Rabbi Trust	$		10,284		10,285
Unrealized gains in fair value of trust assets			225		92
Unrealized gains in fair value of trust assets are net of income tax expense of			121		49
Obligations under the supplemental plan			22,789		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 September 30,						Six Months Ended September 30,
(In thousands)		2014			2013		2014		2013
Pension Benefits:
Service cost	$		206			198		412		396
Interest cost			968			895		1,936		1,790
Expected return on plan assets			(685	)		(718)		(1,370)		(1,436)
Amortization of prior service cost			12			12		24		24
Recognized actuarial loss			247			276		494		552

Net periodic benefit cost	$		748			663		1,496		1,326


Other Benefits:
Service cost	$		68			101		136		202
Interest cost			226			262		452		524
Amortization of prior service cost			(508	)		(508)		(1,016)		(1,016)
Recognized actuarial (gain) loss			(325	)		(99)		(650)		(198)

Net periodic benefit cost	$		(539	)		(244)		(1,078)		(488)