Employee Benefit Plans

3 Months Ended

Jun. 30, 2015

Employee Benefit Plans

Employee Benefit Plans

Employee Benefit Plans

Employee Share Purchase Plans and Stock Incentive Plans

As of June 30, 2015, the Company offers the 2006 ESPP (2006 Employee Share Purchase Plan (Non-U.S.)), the 1996 ESPP (1996 Employee Share Purchase Plan (U.S.)), the 2006 Plan (2006 Stock Incentive Plan) and the 2012 Plan (2012 Stock Inducement Equity Plan).

The following table summarizes the share-based compensation expense and related tax benefit recognized for the three months endedJune 30, 2015 and 2014 (in thousands):

	Three Months Ended June 30,
	2015			2014
Cost of goods sold	$	605		$	538
Marketing and selling	2,118			2,556
Research and development	787			844
General and administrative	3,232			3,000
Restructuring	7			—
Total share-based compensation expense	6,749			6,938
Income tax benefit	(1,337		)	(1,184		)
Total share-based compensation expense, net of income tax	$	5,412		$	5,754

During the three months ended June 30, 2015 and 2014, the Company capitalized $0.5 million of stock-based compensation expenses as inventory, respectively.

Defined Benefit Plans

Certain of the Company’s subsidiaries sponsor defined benefit pension plans or non-retirement post-employment benefits covering substantially all of their employees. Benefits are provided based on employees’ years of service and earnings, or in accordance with applicable employee benefit regulations. The Company’s practice is to fund amounts sufficient to meet the requirements set forth in the applicable employee benefit and tax regulations. The cost recorded of $2.9 million and $2.0 million for the three months ended June 30, 2015 and 2014, respectively, was primarily related to service costs.