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PENSION AND EMPLOYEE BENEFIT PLANS
 9 Months Ended
Dec. 31, 2018
Compensation And Retirement Disclosure [Abstract]  
PENSION AND EMPLOYEE BENEFIT PLANS

(J) PENSION AND EMPLOYEE BENEFIT PLANS

We sponsor several defined benefit pension plans and defined contribution plans which together cover substantially all our employees. Benefits paid under the defined benefit plans covering certain hourly employees are based on each employee’s years of service and qualifying compensation over the last few years of employment.

The following table shows the components of net periodic cost for our plans:

 

 

 

For the Three Months Ended December 31,

 

 

For the Nine Months Ended December 31,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

 

 

(dollars in thousands)

 

Service Cost - Benefits Earned During the Period

 

$

100

 

 

$

153

 

 

$

300

 

 

$

557

 

Interest Cost of Projected Benefit Obligation

 

 

337

 

 

 

357

 

 

 

1,011

 

 

 

1,110

 

Expected Return on Plan Assets

 

 

(463

)

 

 

(578

)

 

 

(1,389

)

 

 

(1,558

)

Recognized Net Actuarial Loss

 

 

58

 

 

 

46

 

 

 

174

 

 

 

519

 

Amortization of Prior-Service Cost

 

 

15

 

 

 

60

 

 

 

45

 

 

 

210

 

Net Periodic Pension Cost

 

$

47

 

 

$

38

 

 

$

141

 

 

$

838