OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Jun. 30, 2019

Analysis of Changes in Accumulated Other Comprehensive Income (Loss)

The following table provides an analysis of the changes in accumulated other comprehensive loss (in thousands):


	Three Months Ended June 30,
	2019		2018
Currency translation adjustments:
Balance at beginning of period	$	(6,869)	$	(4,837)
Adjustments for foreign currency translation	258		(1,397)
Balance at end of period	$	(6,611)	$	(6,234)

Interest rate swaps:
Balance at beginning of period	$	(394)	$	(108)
Unrealized (losses) gains, net of taxes of $81 and $(11), respectively (a)	(306)		40
Reclassification of losses included in interest expense, net, net of taxes of $(2) and $(5), respectively	9		18
Other adjustment (c)	—		(16)
Other comprehensive (loss) income	(297)		42
Balance at end of period	$	(691)	$	(66)

Defined benefit plans:
Balance at beginning of period	$	(3,466)	$	(2,530)
Amortization of net losses, net of taxes of $1 and $(5), respectively (b)	(4)		20
Balance at end of period	$	(3,470)	$	(2,510)

(a) Unrealized gains (losses) are reclassified to earnings as underlying cash interest payments are made. We expect to recognize a loss of $0.1 million, net of deferred taxes, over the next twelve months related to designated cash flow hedges based on their fair values at June 30, 2019.

(b) Amortization of actuarial losses out of accumulated comprehensive loss are included in the computation of net periodic pension expense. See Note 13 for additional information.