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EMPLOYEE BENEFIT PLANS (Tables)
3 Months Ended
Jun. 30, 2014
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Schedule of components of net periodic pension cost
 
 
 
Three Months Ended 
 June 30,
 
 
 
 
 
2014
 
2013
 
 
 
Service cost for benefits earned during the period
 
$
2,246

 
$
2,051

 
 
 
Interest cost on pension benefit obligation
 
6,929

 
6,538

 
 
 
Expected return on assets
 
(8,223
)
 
(7,102
)
 
 
 
Amortization of unrecognized losses
 
1,768

 
1,877

 
 
 
Net periodic pension cost
 
$
2,720

 
$
3,364

 
 
Schedule of Black Scholes Assumptions
 
Risk free interest rate
1.65
%
 
 
Expected life (years)
6

 
 
Volatility
30.1
%
 
 
Dividend yield
2.06
%
 
 
Weighted average exercise price of options granted
$74.52 per option

 
 
Weighted average grant-date fair value of options granted
$17.21 per option