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STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
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Mar. 31, 2017
Equity [Abstract] |
Number of Authorized and Issued Common Stock and Preferred Stock | The number of authorized and issued common stock and preferred stock at March 31, are as follows:
|  | 2017 |  |  | 2016 |
Common stock shares authorized |  |  | 125,000,000 |  |  |  | 125,000,000 |
Common stock par value |  | $ | 0.10 |  |  | $ | 0.10 |
Common stock shares issued |  |  | 47,121,304 |  |  |  | 47,067,715 |
Preferred stock shares authorized |  |  | 3,000,000 |  |  |  | 3,000,000 |
Preferred stock par value |  | No par |  |  | No par |
Preferred stock shares issued |  |  | — |  |  |  | — |
Schedule of Common Stock Repurchased and Average Price Paid Per Share | The value of common stock repurchased, along with number of shares repurchased, and average price paid per share for the years ended March 31, are as follows:
(In thousands, except share and per share data) |  | 2017 |  |  | 2016 |  |  | 2015 |
Aggregate cost of common stock repurchased |  | $ | — |  |  |  | — |  |  |  | 99,999 |
Shares of common stock repurchased |  |  | — |  |  |  | — |  |  |  | 2,841,976 |
Average price paid per common share |  | $ | — |  |  |  | — |  |  |  | 35.19 |
Schedule of Dividends Declared | The declaration of dividends is at the discretion of the company’s Board of Directors, and will depend on the company’s financial results, cash requirements, future prospects, and other factors deemed relevant by the Board of Directors. The Board of Directors declared the following dividends for the years ended March 31, are as follows:
(In thousands, except per share data) |  | 2017 |  |  | 2016 |  |  | 2015 |
Dividends declared |  | $ | — |  |  |  | 34,965 |  |  |  | 49,127 |
Dividend per share |  |  | — |  |  |  | 0.75 |  |  |  | 1.00 |
Changes in Accumulated Other Comprehensive Income (Loss) by Component, Net of Tax | The changes in accumulated other comprehensive income by component, net of tax for the years ended March 31, are as follows:
|  | For the year ended March 31, 2016 |  |  | For the year ended March 31, 2017 |
(in thousands) |  | Balance at 3/31/15 |  |  | Gains/(losses) recognized in OCI |  |  | Reclasses from OCI to net income |  |  | Net period OCI |  |  | Remaining balance 3/31/16 |  |  | Balance at 3/31/16 |  |  | Gains/(losses) recognized in OCI |  |  | Reclasses from OCI to net income |  |  | Net period OCI |  |  | Remaining balance 3/31/17 |
Available for sale securities |  |  | 235 |  |  |  | (573 | ) |  |  | 130 |  |  |  | (443 | ) |  |  | (208 | ) |  |  | (208 | ) |  |  | (265 | ) |  |  | 378 |  |  |  | 113 |  |  |  | (95 | )
Currency translation adjustment |  |  | (9,811 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (9,811 | ) |  |  | (9,811 | ) |  |  | — |  |  |  | — |  |  |  | — |  |  |  | (9,811 | )
Pension/Post- retirement benefits |  |  | (9,129 | ) |  |  | 13,812 |  |  |  | — |  |  |  | 13,812 |  |  |  | 4,683 |  |  |  | 4,683 |  |  |  | (5,121 | ) |  |  | — |  |  |  | (5,121 | ) |  |  | (438 | )
Interest rate swap |  |  | (1,673 | ) |  |  | — |  |  |  | 143 |  |  |  | 143 |  |  |  | (1,530 | ) |  |  | (1,530 | ) |  |  | — |  |  |  | 1,530 |  |  |  | 1,530 |  |  |  | — |
Total |  |  | (20,378 | ) |  |  | 13,239 |  |  |  | 273 |  |  |  | 13,512 |  |  |  | (6,866 | ) |  |  | (6,866 | ) |  |  | (5,386 | ) |  |  | 1,908 |  |  |  | (3,478 | ) |  |  | (10,344 | )
Reclassifications from Accumulated Other Comprehensive Income (Loss) to Condensed Consolidated Statement of Income | The following table summarizes the reclassifications from accumulated other comprehensive loss to the condensed consolidated statement of income for the years ended March 31,
|  | Year Ended March 31, |  |  | Affected line item in the condensed
(In thousands) |  | 2017 |  |  | 2016 |  |  | consolidated statements of income
Realized gains on available for sale securities |  | $ | 582 |  |  |  | 200 |  |  | Interest income and other, net
Interest rate swap |  |  | 2,353 |  |  |  | 220 |  |  | Interest and other debt costs
Total pre-tax amounts |  |  | 2,935 |  |  |  | 420 |  |  |
Tax effect |  |  | 1,027 |  |  |  | 147 |  |  |
Total gains for the period, net of tax |  | $ | 1,908 |  |  |  | 273 |  |  |

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- Definition Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section S99 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65877616&loc=d3e177068-122764 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21553-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=65888546&loc=d3e21300-112643 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(27)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 + Details
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