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Fair Value Measurements (Tables)
3 Months Ended
Jun. 30, 2012
Fair Value Measurements [Abstract]  
Assets and liabilities measured at fair value on a recurring basis
                                 
    Fair value measurement used  
(In thousands)   Recorded
value

as of
June 30,
2012
    Active
markets
for
identical
assets or
liabilities
(Level 1)
    Quoted
prices in
similar
instruments
and
observable
inputs
(Level 2)
    Active
markets for
unobservable
inputs
(Level 3)
 

Assets:

                               

Corporate-owned life insurance — non-current

  $ 3,490     $ —       $ —       $ 3,490  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
    Fair value measurement used  
(In thousands)   Recorded
value

as of
March 31,
2012
    Active
markets
for
identical
assets or
liabilities
(Level 1)
    Quoted
prices in
similar
instruments
and
observable
inputs
(Level 2)
    Active
markets for
unobservable
inputs
(Level 3)
 

Assets:

                               

Available for sale restricted marketable securities — current

  $ 4,408     $ 4,408     $ —       $ —    

Corporate-owned life insurance — non-current

    3,458       —         —         3,458  
         

Liabilities:

                               

BEP — current

    2,948       —         2,948       —    
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of changes in the fair value of the Level 3 assets and liabilities Corporate-owned life insurance
                 
    Level 3 assets and
liabilities
 
(In thousands)   2012     2011  

Corporate-owned life insurance:

               

Balance on April 1

  $ 3,458     $ 3,323  

Unrealized losses relating to instruments held at reporting date

    —         (4

Unrealized gain relating to instruments held at reporting date

    28       —    

Purchases, sales, issuances and settlements, net

    4       46  
   

 

 

   

 

 

 

Balance on June 30

  $ 3,490     $ 3,365  
   

 

 

   

 

 

 
Financial and nonfinancial assets and liabilities measured at fair value on a nonrecurring basis
                                 
    Fair value measurement used  
(In thousands)   Recorded
value as
of
June 30,
2012
    Active
markets
for
identical
assets or
liabilities
(Level 1)
    Quoted
prices in
similar
instruments
and
observable
inputs
(Level 2)
    Active
markets for
unobservable
inputs
(Level 3)
 

Assets:

                               

Goodwill

  $ 15,109     $ —       $ —       $ 15,109  

Intangible assets

    14,622       —         —         14,622  
         

Liabilities:

                               

Restructuring liabilities — current

  $ 3,264     $ —       $ —       $ 3,264  

Other employee benefit plan obligations — non-current

    196       —         —         196  

Restructuring liabilities — non-current

    453       —         —         453  
   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                 
    Fair value measurement used  
(In thousands)   Recorded
value as
of
March 31,
2012
    Active
markets
for
identical
assets or
liabilities
(Level 1)
    Quoted
prices in
similar
instruments
and
observable
inputs
(Level 2)
    Active
markets for
unobservable
inputs
(Level 3)
 

Assets:

                               

Goodwill

  $ 15,198     $ —       $ —       $ 15,198  

Intangible assets

    14,135       —         —         14,135  
         

Liabilities:

                               

SERP obligations — current

  $ 3,323     $ —       $ —       $ 3,323  

Restructuring liabilities — current

    5,447       —         —         5,447  

Other employee benefit plans obligations — non-current

    196       —         —         196  

Restructuring liabilities — non-current

    852       —         —         852  
   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of changes in the fair value of the Level 3 assets and liabilities
                                         
    Level 3 assets and liabilities  
    Three months ended June 30, 2012  
(In thousands)   Goodwill     Intangible
assets
    SERP
obligations
    Other
employee
benefit
plans
obligations
    Restructuring
liabilities
 

Balance at April 1, 2012

  $ 15,198     $ 14,135     $ 3,323     $ 196     $ 6,299  

Unrealized losses relating to instruments still held at the reporting date

    (89     —         —         —         —    

Amortization

    —         (539     —         —         —    

Provisions, payments and other charges (net)

    —         1,026       (3,323     —         (2,582
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2012

  $ 15,109     $ 14,622     $ —       $ 196     $ 3,717  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

                                         
    Level 3 assets and liabilities  
    Three months ended June 30, 2011  
(In thousands)   Goodwill     Intangible
assets
    SERP
obligations
    Other
employee
benefit
plans
obligations
    Restructuring
liabilities
 

Balance at April 1, 2011

  $ 15,211     $ 22,535     $ 5,791     $ 305     $ 733  

Unrealized losses relating to instruments still held at the reporting date

    (13     —         —         —         —    

Amortization

    —         (766     —         —         —    

Provisions, payments and other charges (net)

    —         348       30       —         2,003  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at June 30, 2011

  $ 15,198     $ 22,117     $ 5,821     $ 305     $ 2,736