Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

6 Months Ended

Sep. 30, 2013

Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

Note 4. Comprehensive Income (Loss) and Accumulated Other Comprehensive Income

Changes in Accumulated Other Comprehensive Income (Loss) for the quarters ended September 30, 2013 and 2012 includes the following components (amounts in thousands):

	Foreign Currency Translation (1)		Defined Benefit Pension Plans,  Net of Tax (2)			Post-Retirement  Benefit Plans			Ownership Share of Equity Method  Investees’ Other  Comprehensive  Income (Loss)			Net Accumulated  Other  Comprehensive  Income (Loss)
Balance at June 30, 2013	$	15,810	$	(7,487	)	$	1,748		$	(651	)	$	9,420
Other comprehensive income (loss) before reclassifications	6,359		—			—			(524		)	5,835
Amounts reclassified out of AOCI	—		121			(61		)	—			60
Other comprehensive income (loss)	6,359		121			(61		)	(524		)	5,895
Balance at September 30, 2013	$	22,169	$	(7,366	)	$	1,687		$	(1,175	)	$	15,315
	$	—

	Foreign Currency Translation (1)			Defined Benefit  Pension Plans,  Net of Tax (2)			Post-Retirement  Benefit Plans			Net Accumulated  Other  Comprehensive  Income (Loss)
Balance at June 30, 2012	$	10,141		$	(7,980	)	$	2,066		$	4,227
Other comprehensive income (loss) before reclassifications	3,907			—			—			3,907
Amounts reclassified out of AOCI	—			(1,244		)	(232		)	(1,476		)
Other comprehensive income (loss)	3,907			(1,244		)	(232		)	2,431
Balance at September 30, 2012	$		14,048	$	(9,224	)	$	1,834		$	6,658

Changes in Accumulated Other Comprehensive Income (Loss) for the six month periods ended September 30, 2013 and 2012 includes the following components (amounts in thousands):

	Foreign Currency  Translation (1)		Defined Benefit  Pension Plans,  Net of Tax (2)			Post-Retirement  Benefit Plans			Ownership Share of  Equity Method  Investees’ Other  Comprehensive  Income (Loss)			Net Accumulated  Other  Comprehensive  Income (Loss)
Balance at March 31, 2013	$	13,538	$	(7,662	)	$	1,818		$	—		$	7,694
Other comprehensive income (loss) before reclassifications	8,631		—			—			(1,175		)	7,456
Amounts reclassified out of AOCI	—		296			(131		)	—			165
Other comprehensive income (loss)	8,631		296			(131		)	(1,175		)	7,621
Balance at September 30, 2013	$	22,169	$	(7,366	)	$	1,687		$	(1,175	)	$	15,315

	Foreign Currency Translation (1)			Defined Benefit  Pension Plans,  Net of Tax (2)			Post-Retirement Benefit Plans			Net Accumulated  Other  Comprehensive  Income (Loss)
Balance at March 31, 2012	$	18,107		$	(8,082	)	$	1,995		$	12,020
Other comprehensive income (loss) before reclassifications	(4,059		)	—			—			(4,059		)
Amounts reclassified out of AOCI	—			(1,142		)	(161		)	(1,303		)
Other comprehensive loss	(4,059		)	(1,142		)	(161		)	(5,362		)
Balance at September 30, 2012	$	14,048		$	(9,224	)	$	1,834		$	6,658

(1) Due primarily to the Company’s permanent re-investment assertion relating to foreign earnings, there was no significant deferred   tax effect associated with the cumulative currency translation gains and losses during the quarters and six month periods ended September 30, 2013 and 2012.

(2) Ending balance is net of tax of $2.3 million and $2.9 million as of September 30, 2013 and September 30, 2012, respectively.