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Employee Retirement Plans
 9 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Employee Retirement Plans Employee Retirement Plans
The primary components of Net Periodic Benefits consist of the following:
Three Months Ended December 31, Nine Months Ended December 31,
 (In thousands)2020201920202019
Interest cost$283 $575 $1,333 $1,729 
Expected return on assets(653)(722)(1,947)(2,164)
Net periodic benefit income$(370)$(147)$(614)$(435)

During the nine months ended December 31, 2020, we contributed $0.3 million to our non-qualified defined benefit plan and $3.0 million to the qualified defined benefit plan. During the remainder of fiscal 2021, we expect to contribute an additional $0.1 million to our non-qualified plan and make no further contribution to the qualified plan.

During the third quarter of 2021, we offered participants of our qualified defined benefit plan the option to receive a lump sum payout of their benefits. The amount paid out of plan assets during the third quarter of 2021 to those who elected to take the lump sum payout was $7.0 million and we recognized a settlement gain of $0.2 million as a result of the payout.