PENSION BENEFIT PLANS (Tables)

12 Months Ended

Mar. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Schedule of Changes in Benefit Obligation

The components of the change in benefit obligation of the pension plan is as follows (in thousands):

	March 31,
	2016
Benefit obligation, beginning of year	$	—
Service cost	279
Interest cost	391
Benefits paid and other	(175		)
Acquisitions	29,033
Actuarial gain	(847		)
Foreign exchange rate impact	507
Benefit obligation, at end of year	$	29,188

Schedule of Changes in Fair Value of Plan Assets

The reconciliation of the beginning and ending balances of the fair value of the assets of the pension plan is as follows (in thousands):

	March 31,
	2016
Fair value of plan assets, at beginning of year	$	—
Employer direct benefit payments	175
Benefits paid and other	(175		)
Fair value of plan assets, at end of year	$	—

Schedule of Net Benefit Costs

The following sets forth the components of the Company's net periodic pension cost of the noncontributory defined benefit pension plans for the fiscal year ended March 31, 2016 (in thousands):

	March 31,
	2016
Service cost	$	279
Interest cost	391
Net periodic pension cost	$	670

Schedule of Assumptions Used

Weighted average assumptions used to determine net periodic pension cost at date of measurement:

	March 31,
	2016
Discount rate	2.30	%
Rate of compensation increase	2.25	%

Schedule of Expected Benefit Payments

The following sets forth benefit payments, which reflect expected future service, as appropriate, expected to be paid by the plan in the periods indicated (in thousands):

2017	$	275
2018	$	319
2019	$	369
2020	$	422
2021	$	480
2022 - 2026	$	3,334