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PENSION BENEFIT PLANS
 3 Months Ended
Jun. 30, 2025
Retirement Benefits [Abstract]  
PENSION BENEFIT PLANS
NOTE 14 – PENSION BENEFIT PLANS
Certain of the Company's non-U.S. employees participate in noncontributory defined benefit pension plans. None of the Company's employees in the U.S. participate in any noncontributory defined benefit pension plans. In general, these plans are funded based on considerations relating to legal requirements, underlying asset returns, the plan's funded status, the anticipated deductibility of the contribution, local practices, market conditions, interest rates and other factors.
The following sets forth the components of the Company's net periodic pension cost of the noncontributory defined benefit pension plans recorded in operating expenses in the consolidated statements of operations for the three months ended June 30, 2025 and 2024 (in thousands):
Three Months Ended
June 30,
20252024
Service cost$42 $47 
Interest cost277 245 
Amortization of net gain(161)(116)
    Net periodic pension cost$158 $176 

Expected Contributions
During the three months ended June 30, 2025, the Company made contributions of $0.2 million to its defined benefit pension plans. During the fiscal year ending March 31, 2026, the Company's cash contribution requirements for its defined benefit pension plans are expected to be less than $1.0 million. As a majority of the participants within the Company's plans are all active employees, the benefit payments are not expected to be material in the foreseeable future.