PENSION BENEFIT PLANS (Tables)

12 Months Ended

Mar. 31, 2018

Retirement Benefits [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,
	2018			2017
Benefit obligation, at beginning of year	$	30,141		$	29,188
Service cost	407			329
Interest cost	718			638
Benefits paid and other	(288		)	(231		)
Actuarial loss (gain)	(1,788		)	1,226
Foreign exchange rate impact	4,274			(1,009		)
Benefit obligation, at end of year	$	33,464		$	30,141

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,
	2018			2017
Fair value of plan assets, at beginning of year	$	—		$	—
Employer direct benefit payments	288			231
Benefits paid and other	(288		)	(231		)
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, 2018, 2017, and 2016 (in thousands):

	Year Ended March 31,
	2018		2017		2016
Service cost	$	407	$	329	$	279
Interest cost	718		638		391
Net periodic pension cost	$	1,125	$	967	$	670

Schedule of Assumptions Used

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

	March 31,		March 31,		March 31,
	2018		2017		2016
Discount rate	2.30	%	2.10	%	2.30	%
Rate of compensation increase	2.25	%	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):

2019	$	380
2020	$	442
2021	$	502
2022	$	556
2023	$	627
2024 - 2029	$	4,546