EMPLOYEE BENEFIT PLANS (Tables)

6 Months Ended

Sep. 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 September 30, 2015 and March 31, 2015:


(In thousands)	September 30, 2015	March 31, 2015

Investments held in Rabbi Trust	$ 9,136		9,915
Unrealized gains (losses) in fair value of trust assets	444		235
Obligations under the supplemental plan	26,599		25,510

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)	2015			2014		2015		2014

Pension Benefits:
Service cost	$	234			206		468		412
Interest cost		935			968		1,870		1,936
Expected return on plan assets		(530	)		(685)		(1,060)		(1,370)
Amortization of prior service cost		9			12		18		24
Recognized actuarial loss		567			247		1,134		494

Net periodic benefit cost	$	1,215			748		2,430		1,496

Other Benefits:
Service cost	$	75			68		150		136
Interest cost		211			226		421		452
Amortization of prior service cost		(510	)		(508)		(1,021)		(1,016)
Recognized actuarial benefit		(245	)		(325)		(489)		(650)

Net periodic benefit cost	$	(469	)		(539)		(939)		(1,078)