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Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
3 Months Ended
Jun. 30, 2019
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income (Loss) and Accumulated Other Comprehensive Income Comprehensive Income (Loss) and Accumulated Other Comprehensive Income
Changes in AOCI for the three months ended June 30, 2019 and 2018 include the following components (amounts in thousands):
 
Foreign 
Currency
Translation, net of Tax (1)
 
Post-Retirement 
Benefit Plan Adjustments, net of Tax
 
Defined 
Benefit
Pension
 Plans, 
net of Tax (2)
 
Ownership Share of
Equity Method 
Investees’ Other 
Comprehensive 
Income (Loss), net of Tax
 
Cash Flow Hedges, net of Tax
 
Excluded Component of Fair Value Hedges, net of Tax
 
Net Accumulated 
Other 
Comprehensive 
Income (Loss), net of Tax
Balance at March 31, 2019
$
(14,350
)
 
$
793

 
$
(15,758
)
 
$
274

 
$
566

 
$
(2,249
)
 
$
(30,724
)
Other comprehensive income (loss) before reclassifications (3) (4)
5,834

 

 

 

 
(1,704
)
 
(346
)
 
3,784

Amounts reclassified out of AOCI
(2,655
)
 
(37
)
 
164

 

 
(4,294
)
 
1,638

 
(5,184
)
Other comprehensive income (loss)
3,179

 
(37
)
 
164

 

 
(5,998
)
 
1,292

 
(1,400
)
Balance at June 30, 2019
$
(11,171
)
 
$
756

 
$
(15,594
)
 
$
274

 
$
(5,432
)
 
$
(957
)
 
$
(32,124
)
 
Foreign 
Currency
Translation, net of Tax (1)
 
Post-Retirement 
Benefit Plan Adjustments, net of Tax
 
Defined 
Benefit
Pension
 Plans, 
net of Tax (2)
 
Ownership Share of
Equity Method 
Investees’ Other 
Comprehensive 
Income (Loss), net of Tax
 
Cash Flow Hedges, net of Tax
 
Excluded Component of Fair Value Hedges, net of Tax
 
Net Accumulated 
Other 
Comprehensive 
Income (Loss), net of Tax
Balance at March 31, 2018
$
9,715

 
$
879

 
$
(14,831
)
 
$
285

 
$
1,154

 
$

 
$
(2,798
)
Other comprehensive income (loss) before reclassifications
(24,203
)
 

 

 
(11
)
 
(3,795
)
 

 
(28,009
)
Amounts reclassified out of AOCI

 
(39
)
 
39

 

 
(643
)
 

 
(643
)
Other comprehensive income (loss)
(24,203
)
 
(39
)
 
39

 
(11
)
 
(4,438
)
 

 
(28,652
)
Balance at June 30, 2018
$
(14,488
)
 
$
840

 
$
(14,792
)
 
$
274

 
$
(3,284
)
 
$

 
$
(31,450
)

_________________
(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 three months ended June 30, 2019 and 2018.
(2) Ending balance is net of tax of $2.4 million and $2.3 million as of June 30, 2019 and 2018, respectively.
(3) Foreign currency translation, net of tax for the three months ended June 30, 2019 includes losses of $2.0 million related to a derivative instrument accounted for as a net investment hedge. Refer to Note 13, Derivatives, for further information.
(4) Cash flow hedges, net of tax for the three months ended June 30, 2019 includes losses of $6.9 million which were excluded from the assessment of hedge effectiveness.