Retirement Benefit Plans (Tables)

12 Months Ended

Mar. 31, 2019

The following table provides a reconciliation of the benefit obligation for the postretirement medical plan (in thousands):



	For the Years Ended March 31,
	2019			2018
Benefit obligation at beginning of year	$	730		$	787
Interest cost	26			30
Actuarial gain	(46		)	(22		)
Benefits paid	(62		)	(65		)
Benefit obligation at end of year	$	648		$	730

Reconciliations of changes in the defined benefit obligation, fair value of plan assets and statement of funded status are as follows (in thousands):



	For the Years Ended March 31,
	2019			2018
Change in benefit obligation:
Benefit obligation as of April 1, 2018 and 2017	$	3,883		$	4,027
Interest cost	88			107
Plan amendment	46			—
Actuarial gain	(243		)	(233		)
Benefits paid	(882		)	(455		)
Foreign currency impact	(262		)	437
Benefit obligation as of March 31, 2019 and 2018	$	2,630		$	3,883

Change in plan assets:
Fair value of assets as of April 1, 2018 and 2017	$	4,453		$	3,929
Actual return on plan assets	105			451
Employer contributions	131			66
Benefits paid	(882		)	(455		)
Foreign currency impact	(304		)	462
Fair value of plan assets as of March 31, 2019 and 2018	$	3,503		$	4,453

Funded status as of March 31, 2019 and 2018	$	873		$	570

The components of net periodic pension benefit for the years ended March 31, 2019 and 2018 are as follows (in thousands):



	For the Years Ended March 31,
	2019			2018
Interest cost	$	88		$	107
Expected return on plan assets	(151		)	(148		)
Net periodic pension benefit	$	(63	)	$	(41	)

The following table reflects the total benefits expected to be paid from the pension plan (in thousands):