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Employee Retirement Plans (Tables)

12 Months Ended

Mar. 31, 2024

Retirement Benefits [Abstract]

Schedule of Benefit Obligation and Plan Assets

The following table summarizes the changes in the U.S. pension plan obligations and plan assets and includes a statement of the plans' funded status as of March 31, 2024 and 2023:

			March 31,
(In thousands)			2024						2023
Change in benefit obligation:
Projected benefit obligation at beginning of period			$	3,646					$	51,507
Interest cost			152						423
Actuarial gain			(47)						(2,044)
Benefits paid			(370)						(46,240)
Projected benefit obligations at end of year			$	3,381					$	3,646
Change in plan assets:
Fair value of plan assets at beginning of period			$	18					$	48,708
Actual return on plan assets			—						(2,820)
Employer contribution			370						370
Benefits paid			(370)						(1,371)
Settlements paid with termination of qualified plan			(18)						(44,869)
Fair value of plan assets at end of year			$	—					$	18
Funded status at end of year			$	(3,381)					$	(3,628)

The following table provides information regarding our pension plans with an accumulated benefit obligation and a projected benefit obligation in excess of plan assets:

			March 31,
(In thousands)			2024						2023
Accumulated benefit obligation			$	3,381					$	3,646
Fair value of plan assets			—						18
Projected benefit obligations			$	3,381					$	3,646
Fair value of plan assets			—						18

Schedule of Amounts Recognized in Balance Sheet

Amounts recognized in the balance sheet at the end of the period consist of the following:

			March 31,
(In thousands)			2024						2023
Noncurrent asset			$	—					$	18
Current liability			361						362
Long-term liability			3,020						3,284
Total liabilities			$	3,381					$	3,646
Total net liability			$	(3,381)					$	(3,628)

Schedule of Primary Components of Net Periodic Benefits

The primary components of Net Periodic Benefit Cost (Income) consist of the following:

			Year Ended March 31,
(In thousands)			2024						2023						2022
Interest cost			$	152					$	423					$	1,107
Expected return on assets			—						(252)						(1,163)
Net periodic benefit cost (income)			$	152					$	171					$	(56)

Schedule of Expected to be Contributed

The following table includes amounts that are expected to be contributed to the unfunded plan by the Company. It reflects benefit payments that are made directly from the Company's assets. The amounts in the table are actuarially determined and reflect the Company's best estimate given its current knowledge; actual amounts could be materially different.

(In thousands)			Pension Benefits
Employer contributions:
2025 (expectation) to participant benefits			$	361
Expected benefit payments year ending March 31,
2025			$	361
2026			352
2027			340
2028			327
2029			313
2030-2033			1,352

Schedule of Net Periodic Benefit Cost Not yet Recognized

The following tables show the unrecognized actuarial gain included in accumulated other comprehensive income (loss) at March 31, 2024, 2023 and 2022:

(In thousands)
Balances in accumulated other comprehensive loss as of March 31, 2022:
Unrecognized actuarial (gain)			$	(1,522)
Unrecognized prior service credit			—
Balances in accumulated other comprehensive loss as of March 31, 2023:
Unrecognized actuarial (gain)			$	(930)
Unrecognized prior service credit			—
Balances in accumulated other comprehensive loss as of March 31, 2024:
Unrecognized actuarial (gain)			$	(942)
Unrecognized prior service credit			—

Schedule of Assumptions Used

Assumptions used in determining the actuarial present value of the net periodic benefit cost (income) for the fiscal years ended March 31, 2024, 2023 and 2022 were as follows:

			March 31,
			2024						2023 *						2022
Key assumptions:
Discount rate			4.88%						3.26% to 3.48%						2.58% to 2.95%
Expected return on plan assets, net of administrative fees			—%						2.75%						2.25%

*The qualified plan was remeasured at April 30, 2022 for settlement accounting, at which point a discount rate of 3.98% and an expected return assumption of 2.75% were selected and used to determine the net periodic benefit cost (income) for the remainder of the fourth quarter of fiscal 2023.

Assumptions used in determining the actuarial present value of the benefit obligation as of March 31, 2024 and 2023 were as follows:

			March 31,
			2024						2023
Key assumptions:
Discount rate			4.88%						4.47%

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