Accumulated Other Comprehensive Income / (Loss) (Tables)

9 Months Ended

Dec. 31, 2024

Schedule of Accumulated Other Comprehensive Income

The following table shows the changes in accumulated other comprehensive income, net of tax:


	Three Months Ended December 31, 2024						Nine Months Ended December 31, 2024
	Post-retirement plans		Derivatives designated as cash flow hedges		Totals		Post-retirement plans		Derivatives designated as cash flow hedges		Totals
Beginning of period	$	2,199	$	(2,475)	$	(276)	$	1,976	$	7,556	$	9,532
Other comprehensive income (loss) before reclassifications(1)	—		4,667		4,667		—		(573)		(573)
Amounts reclassified from accumulated other comprehensive income (loss) (2)	111		(1,367)		(1,256)		334		(6,158)		(5,824)
Net current-period other comprehensive income (loss)	111		3,300		3,411		334		(6,731)		(6,397)
End of period	$	2,310	$	825	$	3,135	$	2,310	$	825	$	3,135

(1) Changes in other comprehensive income (loss) before reclassification for derivatives designated as cash flow hedges are recorded net of tax (expense) benefit of $(1.6) million and $0.2 million for the three and nine months ended December 31, 2024, respectively. The tax impact of other comprehensive income before reclassification for post-retirement plans for the three and nine months ended December 31, 2024 was immaterial.

(2) The reclassifications from accumulated other comprehensive income to net income for derivatives designated as cash flow hedges are recorded net of tax expense of $(0.5) million and $(2.1) million for the three and nine months ended December 31, 2024, respectively. The tax impact of reclassifications from accumulated other comprehensive loss to net income for post-retirement plans for the three and nine months ended December 31, 2024 was immaterial.


	Three Months Ended December 31, 2023						Nine Months Ended December 31, 2023
	Post-retirement plans		Derivatives designated as cash flow hedges		Totals		Post-retirement plans		Derivatives designated as cash flow hedges		Totals
Beginning of period	$	18,684	$	13,208	$	31,892	$	19,450	$	9,883	$	29,333
Other comprehensive (loss) income before reclassifications(3)	—		(3,165)		(3,165)		—		5,535		5,535
Amounts reclassified from accumulated other comprehensive income(4)	(383)		(2,841)		(3,224)		(1,149)		(8,216)		(9,365)
Net current-period other comprehensive loss	(383)		(6,006)		(6,389)		(1,149)		(2,681)		(3,830)
End of period	$	18,301	$	7,202	$	25,503	$	18,301	$	7,202	$	25,503

(3) Changes in other comprehensive income before reclassification for derivatives designated as cash flow hedges are recorded net of tax benefit (expense) of $1.1 million and $(2.0) million for the three and nine months ended December 31, 2023, respectively.

(4) The reclassifications from accumulated other comprehensive income to net income for derivatives designated as cash flow hedges are recorded net of tax expense of $(1.0) million and $(2.9) million for the three and nine months ended December 31, 2023, respectively. The tax impact of reclassifications from accumulated other comprehensive income to net income for post-retirement plans for the three and nine months ended December 31, 2023 was immaterial.