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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
6 Months Ended
Sep. 30, 2022
Equity [Abstract]  
Schedule of Analysis of Changes in Accumulated Other Comprehensive Loss
The following table provides an analysis of the changes in accumulated other comprehensive loss (in thousands):

Three Months Ended September 30,
20222021
Currency translation adjustments:
Balance at beginning of period$(6,716)$(3,905)
Adjustments for foreign currency translation(3,404)(531)
Balance at end of period$(10,120)$(4,436)
Interest rate swaps:
Balance at beginning of period$(17)$(912)
Unrealized gains, net of taxes of $(91) and $(8), respectively (a)
343 30 
Reclassification of losses included in interest expense, net, net of taxes of $(3) and $(15), respectively
13 57 
Other comprehensive income356 87 
Balance at end of period$339 $(825)
Defined benefit plans:
Balance at beginning of period$(363)$(792)
Amortization of net losses, net of taxes of $(3) and $(7), respectively (b)
10 25 
Balance at end of period$(353)$(767)

Six Months Ended September 30,
20222021
Currency translation adjustments:
Balance at beginning of period$(4,438)$(4,394)
Adjustments for foreign currency translation(5,682)(42)
Balance at end of period$(10,120)$(4,436)
Interest rate swaps:
Balance at beginning of period$(270)$(803)
Unrealized gains (losses), net of taxes of $(148) and $36, respectively
555 (136)
Reclassification of losses included in interest expense, net,
  net of taxes of $(14) and $(30), respectively
54 114 
Other comprehensive income609 (22)
Balance at end of period$339 $(825)
Defined benefit plans:
Balance at beginning of period$(366)$(799)
Amortization of net losses, net of taxes of $(3) and $(9), respectively (b)
13 32 
Balance at end of period$(353)$(767)

(a) Unrealized gain (loss) is reclassified to earnings as underlying cash interest payments are made. We expect to recognize a gain 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 September 30, 2022.

(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.