EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Jun. 30, 2015

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, 2015 and March 31, 2015:


	June 30,		March 31,
(In thousands)	2015		2015
Investments held in Rabbi Trust	$	9,775		9,915
Unrealized gains (losses) in fair value of trust assets		182		235
Obligations under the supplemental plan		26,056		25,510

Schedule of Net Periodic Benefit Cost

The net periodic benefit cost for the company’s 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)	2015			2014
Pension Benefits:
Service cost	$	234			206
Interest cost		935			968
Expected return on plan assets		(530	)		(685	)
Amortization of prior service cost		9			12
Recognized actuarial loss		567			247
Net periodic benefit cost	$	1,215			748

Other Benefits:
Service cost	$	75			68
Interest cost		211			226
Amortization of prior service cost		(510	)		(508	)
Recognized actuarial benefit		(245	)		(325	)
Net periodic benefit cost	$	(469	)		(539	)