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Benefit Plans
3 Months Ended
Jun. 30, 2014
Notes To Financial Statements [Abstract]  
Benefit Plans
Benefit Plans

We provide pension benefits for certain former manufacturing and plant administrative personnel as determined by collective bargaining agreements or employee benefit standards set at the time of acquisition of certain businesses. In addition to providing pension benefits to certain employees, we sponsor an unfunded post-retirement welfare benefits plan for two groups of United States employees; including some of the same employees who receive pension benefits. Benefits under this plan include retiree life insurance and retiree medical coverage, including prescription drug coverage. Additional information regarding our defined benefit pension plans and other post-retirement benefits plan is included in our consolidated financial statements included in our Annual Report on Form 10-K for the year ended March 31, 2014, dated May 29, 2014.

Components of the net periodic benefit cost for our defined benefit pension plan and other postretirement medical benefits plan were as follows:
 
 
 
Defined Benefit Pension Plan
 
Other Postretirement Benefits Plan
Three Months Ended June 30,
 
2014
 
2013
 
 
2014
 
2013
Service cost
 
$
35

 
$
40

 
 
$

 
$

Interest cost
 
471

 
450

 
 
173

 
171

Expected return on plan assets
 
(785
)
 
(861
)
 
 

 

Amortization of loss
 
277

 
365

 
 
180

 
223

Amortization of prior service cost
 

 

 
 
(816
)
 
(816
)
Net periodic benefit cost (income)
 
$
(2
)
 
$
(6
)
 
 
$
(463
)
 
$
(422
)


We contribute amounts to the defined benefit pension plan at least sufficient to meet the minimum requirements as stated in applicable employee benefit laws and local tax laws. We record liabilities for the difference between the fair value of the plan assets and the benefit obligation (the projected benefit obligation for pension plan and the accumulated postretirement benefit obligation for other postretirement benefits plan) on our accompanying Consolidated Balance Sheets.