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PENSION BENEFIT PLANS (Tables)
12 Months Ended
Mar. 31, 2017
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,
 
March 31,
 
2017
 
2016
Benefit obligation, at beginning of year
$
29,188

 
$

Service cost
329

 
279

Interest cost
638

 
391

Benefits paid and other
(231
)
 
(175
)
Acquisitions

 
29,033

Actuarial loss (gain)
1,226

 
(847
)
Foreign exchange rate impact
(1,009
)
 
507

Benefit obligation, at end of year
$
30,141

 
$
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,
 
March 31,
 
2017
 
2016
Fair value of plan assets, at beginning of year
$

 
$

Employer direct benefit payments
231

 
175

Benefits paid and other
(231
)
 
(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 years ended March 31, 2017 and 2016 (in thousands):
 
Year Ended March 31,
 
2017
 
2016
Service cost
$
329

 
$
279

Interest cost
638

 
391

     Net periodic pension cost
$
967

 
$
670

Schedule of Assumptions Used
Weighted average assumptions used to determine net periodic pension cost at date of measurement:
 
March 31,
 
March 31,
 
2017
 
2016
Discount rate
2.10
%
 
2.30
%
Rate of compensation increase
2.25
%
 
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):
2018
$
296

2019
$
346

2020
$
398

2021
$
456

2022
$
502

2023 - 2026
$
3,597