XML 42 R29.htm IDEA: XBRL DOCUMENT v3.2.0.727
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Jun. 30, 2015
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, 2015:

 

(In thousands)    Total     Quoted prices in
active markets
(Level 1)
    Significant
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
       

Equity securities:

            

Common stock

   $ 3,825        3,825                     

Preferred stock

                                

Foreign stock

     210        210                     

American depository receipts

     1,642        1,642                     

Preferred American depository receipts

     14        14                     

Real estate investment trusts

     57        57                     

Debt securities:

            

Government debt securities

     1,915        1,360        555              

Open ended mutual funds

     1,915        1,915                     

Cash and cash equivalents

     382        33        349                

Total

   $ 9,960        9,056        904              

Other pending transactions

     (185     (185                    

Total fair value of plan assets

   $ 9,775        8,871        904              
                                        

The following table provides the fair value hierarchy for the plan assets measured at fair value as of March 31, 2015:

 

(In thousands)    Total     Quoted prices in
active markets
(Level 1)
    Significant
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
       

Equity securities:

            

Common stock

   $ 3,859        3,859                     

Preferred stock

                                

Foreign stock

     201        201                     

American depository receipts

     1,685        1,685                     

Preferred American depository receipts

     15        15                     

Real estate investment trusts

     59        59                     

Debt securities:

            

Government debt securities

     1,926        1,377        549              

Open ended mutual funds

     1,916        1,916                     

Cash and cash equivalents

     377        72        305                

Total

   $ 10,038        9,184        854              

Other pending transactions

     (123     (123                    

Total fair value of plan assets

   $ 9,915        9,061        854              
                                        
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, 2015:

 

(In thousands)    Total      

Quoted prices in
active markets

(Level1)

     Significant
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
       

Money market cash equivalents

   $     5,152         5,152                 —                 —        

Total fair value of assets

   $ 5,152         5,152                      
                                          

The following table provides the fair value hierarchy for the company’s other financial instruments measured as of March 31, 2015:

 

(In thousands)    Total      

Quoted prices in
active markets

(Level1)

     Significant
observable
inputs
(Level 2)
     Significant
unobservable
inputs
(Level 3)
       

Money market cash equivalents

   $     3,007         3,007                 —                 —        

Total fair value of assets

   $ 3,007         3,007                      
                                          
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, 2015 and 2014, along with the amount of impairment. The impairment charges were recorded in gain/(loss) on asset dispositions, net.

 

 
(In thousands)          June 30,
      2015
     June 30,
  2014
     

Amount of impairment incurred

     $     14,958          950     

Combined fair value of assets incurring impairment

       46,855          220