Changes in Accumulated Other Comprehensive Income (Loss) (“AOCI”) for the quarters and nine-month periods ended December 31, 2017 and 2016 include the following components (amounts in thousands):



	Foreign Currency Translation⁽¹⁾			Post-Retirement Benefit Plan Adjustments			Defined Benefit Pension Plans, Net of Tax⁽²⁾			Ownership Share of Equity Method Investees’ Other Comprehensive Income (Loss)			Foreign Exchange Contracts			Net Accumulated Other Comprehensive Income (Loss)
Balance at September 30, 2017 ⁽³⁾	$	(11,758	)	$	1,040		$	(15,151	)	$	274		$	1,430		$	(24,165	)
Other comprehensive income (loss) before reclassifications	6,503			—			—			(5		)	(7,130		)	(632		)
Amounts reclassified out of AOCI				(47		)	147			—			1,800			1,900
Other comprehensive income (loss)	6,503			(47		)	147			(5		)	(5,330		)	1,268
Balance at December 31, 2017	$	(5,255	)	$	993		$	(15,004	)	$	269		$	(3,900	)	$	(22,897	)



	Foreign Currency Translation ⁽¹⁾			Post-Retirement Benefit Plan Adjustments		Defined Benefit Pension Plans, Net of Tax ⁽²⁾			Ownership Share of Equity Method Investees’ Other Comprehensive Income (Loss)			Foreign Exchange Contracts			Net Accumulated Other Comprehensive Income (Loss)
Balance at September 30, 2016	$	(17,347	)	$	1,029	$	(14,834	)	$	(12,302	)	$	(2,073	)	$	(45,527	)
Other comprehensive income (loss) before reclassifications	(10,773		)	—		—			6,161			(2,146		)	(6,758		)
Amounts reclassified out of AOCI	—			116		165			—			980			1,261
Other comprehensive income (loss)	(10,773		)	116		165			6,161			(1,166		)	(5,497		)
Balance at December 31, 2016	$	(28,120	)	$	1,145	$	(14,669	)	$	(6,141	)	$	(3,239	)	$	(51,024	)



	Foreign Currency Translation⁽¹⁾			Post-Retirement Benefit Plan Adjustments			Defined Benefit Pension Plans, Net of Tax ⁽²⁾			Ownership Share of Equity Method Investees’ Other Comprehensive Income (Loss)			Foreign Exchange Contracts			Net Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2017	$	(25,556	)	$	1,134		$	(14,998	)	$	(5,299	)	$	2,907		$	(41,812	)
Other comprehensive income (loss) before reclassifications	20,301			—			—			5,568			(9,711		)	16,158
Amounts reclassified out of AOCI	—			(141		)	(6		)	—			2,904			2,757
Other comprehensive income (loss)	20,301			(141		)	(6		)	5,568			(6,807		)	18,915
Balance at December 31, 2017	$	(5,255	)	$	993		$	(15,004	)	$	269		$	(3,900	)	$	(22,897	)



	Foreign Currency Translation ⁽¹⁾			Post-Retirement Benefit Plan Adjustments		Defined Benefit Pension Plans, Net of Tax ⁽²⁾			Ownership Share of Equity Method Investees’ Other Comprehensive Income (Loss)			Foreign Exchange Contracts			Net Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2016	$	(10,272	)	$	1,114	$	(15,161	)	$	(6,739	)	$	(367	)	$	(31,425	)
Other comprehensive income (loss) before reclassifications	(17,848		)	—		—			598			(6,745		)	(23,995		)
Amounts reclassified out of AOCI	—			31		492			—			3,873			4,396
Other comprehensive income (loss)	(17,848		)	31		492			598			(2,872		)	(19,599		)
Balance at December 31, 2016	$	(28,120	)	$	1,145	$	(14,669	)	$	(6,141	)	$	(3,239	)	$	(51,024	)

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⁽¹⁾Due primarily to the Company’s valuation allowance on deferred tax assets, there were no significant deferred tax effects associated with the cumulative currency translation gains and losses during the quarters and nine-month periods ended December 31, 2017 and 2016.

⁽²⁾ Ending balance is net of tax of $2.2 million and $2.0 million as of December 31, 2017 and December 31, 2016, respectively.

⁽³⁾ Foreign Currency Translation opening balance adjusted due to fair value adjustments recorded retroactively related to the TOKIN acquisition.