EMPLOYEE BENEFIT PLANS (Tables)

9 Months Ended

Dec. 31, 2017

Defined Benefit Plan [Abstract]

Schedule of components of net periodic pension cost

The following table provides a detail of the components of net periodic pension cost (in thousands):

	Three Months Ended   December 31,						Nine Months Ended   December 31,
	2017			2016			2017			2016
Service cost for benefits earned during the period	$	159		$	1,696		$	470		$	5,450
Interest cost on pension benefit obligation	3,893			4,139			11,482			13,297
Expected return on assets	(5,509		)	(5,601		)	(16,250		)	(17,992		)
Amortization of unrecognized losses	1,844			1,699			5,441			5,454
Net periodic pension cost	$	387		$	1,933		$	1,143		$	6,209

Assumptions used for stock options granted

The following table shows the assumptions used to compute the stock-based compensation expense for stock options granted during the nine months endedDecember 31, 2017:

Risk free interest rate	1.78	%
Expected life (years)	5
Volatility	56.1	%
Dividend yield	3.98	%
Weighted average exercise price of options granted	$7.03 per option
Weighted average grant-date fair value of options granted	$2.53 per option