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Employee Benefit Plans (Tables)
12 Months Ended
Mar. 31, 2015
Compensation And Retirement Disclosure [Abstract]  
Pension Plan's Funded Status and Amounts Recognized Related to the Pension Plan and the Postretirement Benefit Plan

The following table sets forth the Pension Plan’s funded status and amounts recognized related to the Pension Plan and the postretirement benefit plan in the consolidated financial statements as of March 31:

 

 

  

Postretirement
Benefits

 

 

Pension Plan

 

 

  

2015

 

 

2014

 

 

2015

 

 

2014

 

Change in benefit obligation

  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Benefit obligation at beginning of year

  

$

674

 

 

$

948

 

 

$

3,479

 

 

$

3,266

 

Service cost

  

 

  

 

 

  

 

 

  

 

 

  

Interest cost

  

 

23

 

 

 

30

 

 

 

108

  

 

 

115

  

Actuarial (gain)/loss

  

 

(54)

 

 

 

(271

 

 

500

  

 

 

153

  

Foreign currency exchange rate changes

  

 

  

 

 

  

 

 

(783

)

 

 

236

 

Benefits paid

  

 

(25

 

 

(33

 

 

(272

)

 

 

(291

Benefit obligation at end of year

  

 

618

 

 

 

674

 

 

 

3,032

 

 

 

3,479

 

Change in plan assets

  

 

 

 

Fair value of plan assets at beginning of year

  

 

  

 

 

  

 

 

  

 

 

  

Employer contributions

  

 

25

 

 

 

33

 

 

 

  

 

 

  

Benefits paid

  

 

(25

 

 

(33

 

 

  

 

 

  

Fair value of plan assets at end of year

  

 

  

 

 

  

 

 

  

 

 

  

Under funded status at end of year

  

$

(618

 

$

(674

 

$

(3,032

 

$

(3,479

 

Amounts Recognized in the Consolidated Balance Sheets

Amounts recognized in the consolidated balance sheets consist of:

 

 

  

Postretirement
Benefits

 

  

Pension Plan

 

 

  

2015

 

  

2014

 

  

2015

 

  

2014

 

Current liabilities

  

$

60

  

  

$

82

  

  

$

 

  

$

 

Noncurrent liabilities

  

 

558

  

  

 

592

  

  

 

3,032

  

  

 

3,479

  

Total Liabilities

  

$

618

  

  

$

674

  

  

$

3,032

  

  

$

3,479

  

 

Amounts Recognized in Accumulated Other Comprehensive Income

Amounts recognized in accumulated other comprehensive income consist of:

 

 

  

Postretirement
Benefits

 

  

Pension Plan

 

 

  

2015

 

  

2014

 

  

2015

 

  

2014

 

Net (income) loss

  

$

(38

  

$

16

  

  

$

 

  

$

 

 

Components of Net Periodic Benefit Cost

The following table provides the components of the net periodic benefit cost:

 

 

  

Postretirement
Benefits

 

  

Pension Plan

 

 

  

2015

 

  

2014

 

  

2015

 

  

2014

 

Net periodic benefit cost

  

 

 

 

  

 

 

 

  

 

 

 

  

 

 

 

Interest cost

  

$

23

  

  

$

30

  

  

$

108

  

  

$

115

  

Amortization of net loss

  

 

  

  

 

30

  

  

 

  

  

 

  

Total net periodic benefit cost

  

$

23

  

  

$

60

  

  

$

108

  

  

$

115

  

 

Increase in Minimum Liability Included in Other Comprehensive Income

 

 

  

Postretirement
Benefits

 

  

Pension Plan

 

 

  

2015

 

  

2014

 

  

2015

 

  

2014

 

(Decrease) increase in minimum liability included in accumulated other comprehensive income

  

$

(38

  

$

16

  

  

$

  

  

$

  

 

Weighted-Average Assumptions used to Determine Benefit Obligations

Weighted-average assumptions used to determine benefit obligations at March 31:

 

 

  

Postretirement
Benefits

 

 

Pension Plan

 

 

  

2015

 

 

2014

 

 

2015

 

 

2014

 

Discount rate

  

 

3.1

 

 

3.6

 

 

3.5

 

 

3.5

 

Assumed Health Care Cost Trend Rates for the Postretirement Benefit Plan

Assumed health care cost trend rates for the postretirement benefit plan at March 31:

 

 

  

2015

 

 

2014

 

Health care cost trend rate assumed for next year

  

 

9.5

 

 

10.0

Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)

  

 

6.0

 

 

6.0

Year that the rate reaches the ultimate trend rate

  

 

2025

  

 

 

2024

  

 

One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

Assumed health care cost trend rates have a significant effect on the amounts reported for the health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects on the postretirement benefit plan:

 

 

  

1-Percentage-
Point
Increase

 

  

1-Percentage-
Point
Decrease

 

Effect on total of service and interest cost

  

$

2

  

  

$

2

  

Effect on postretirement benefit obligation

  

$

58

  

  

$

48

  

 

Benefit Payments for Expected Future Service Expected to be Paid

The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid:

 

 

  

Postretirement
Benefits

 

  

Pension
Plan

 

2016

  

$

61

  

  

$

235

  

2017

  

 

57

  

  

 

229

  

2018

  

 

54

  

  

 

220

  

2019

  

 

51

  

  

 

213

  

2020

  

 

48

  

  

 

205

  

Years 2021-2025

  

 

196

  

  

 

901