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Defined Benefit Pension and Other Postretirement Benefit Plans Defined Benefit Pension and Other Postretirement Benefit Plans (Notes)
9 Months Ended
Dec. 31, 2015
Defined Benefit Pension and Other Postretirement Benefit Plans [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Defined Benefit Pension and Other Postretirement Benefit Plans
 
The Company sponsors six defined benefit pension plans in Europe, one plan in Singapore and two plans in Mexico.  In addition, the Company sponsors a post-retirement plan in the United States.  Costs recognized for benefit plans are recorded using estimated amounts which may change as actual costs for the fiscal year are determined. In the third quarter ended December 31, 2015, the Company recognized a curtailment as a result of headcount reductions taken as we converted our Landsberg, Germany facility to an innovation center. The curtailment resulted in a $6.7 million decrease in "Other non-current obligations" on the Condensed Consolidated Balance Sheet with the offset in line item "Accumulated other comprehensive income (loss)" on the Condensed Consolidated Balance Sheet.

The components of net periodic benefit (income) costs relating to the Company’s pension and other postretirement benefit plans are as follows for the quarters ended December 31, 2015 and 2014 (amounts in thousands):
 
Pension
 
Post-retirement Benefit Plan
 
Quarters Ended December 31,
 
Quarters Ended December 31,
 
2015
 
2014
 
2015
 
2014
Net service cost
$
404

 
$
338

 
$

 
$

Interest cost
338

 
478

 
3

 
9

Expected return on net assets
(105
)
 
(124
)
 

 

Amortization:
 

 
 

 
 

 
 

Actuarial (gain) loss
197

 
81

 
(64
)
 
(36
)
Prior service cost
15

 
4

 

 

Total net periodic benefit (income) costs
$
849

 
$
777

 
$
(61
)
 
$
(27
)

The components of net periodic benefit (income) costs relating to the Company’s pension and other postretirement benefit plans are as follows for the nine month periods ended December 31, 2015 and 2014 (amounts in thousands):
 
Pension
 
Post-retirement Benefit Plan
 
Nine Month Periods Ended December 31,
 
Nine Month Periods Ended December 31,
 
2015
 
2014
 
2015
 
2014
Net service cost
$
1,514

 
$
1,014

 
$

 
$

Interest cost
1,013

 
1,435

 
14

 
21

Expected return on net assets
(315
)
 
(371
)
 

 

Amortization:
 

 
 

 
 

 
 

Actuarial (gain) loss
591

 
213

 
(143
)
 
(140
)
Prior service cost
44

 
13

 

 

Total net periodic benefit (income) costs
$
2,847

 
$
2,304

 
$
(129
)
 
$
(119
)
    
In fiscal year 2016, the Company expects to contribute up to $1.5 million to the pension plans, $0.9 million of which has been contributed as of December 31, 2015.  For the postretirement benefit plan, the Company’s policy is to pay benefits as costs are incurred.