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Changes in Other Comprehensive Loss (Tables)
9 Months Ended
Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
Changes in AOCL by component for the three and nine-month periods ended December 31, 2015 are as follows (in thousands):
 
 

Three months ended December 31, 2015
 

Unrealized Investment Gain

Retirement Obligations

Foreign Currency

Change in Derivatives Qualifying as Hedges

Total
Beginning balance net of tax

$
396


$
(68,292
)

$
(22,225
)

$
(785
)

$
(90,906
)
Other comprehensive income (loss) before reclassification

145


(412
)

(4,667
)

517


(4,417
)
Amounts reclassified from other comprehensive loss

2


565




285


852

Net current period other comprehensive income (loss)

147


153

 
(4,667
)
 
802

 
(3,565
)
Ending balance

$
543


$
(68,139
)
 
$
(26,892
)
 
$
17

 
$
(94,471
)
 
 
Nine months ended December 31, 2015
 
 
Unrealized Investment Gain
 
Retirement Obligations
 
Foreign Currency
 
Change in Derivatives Qualifying as Hedges
 
Total
Beginning balance net of tax
 
$
859

 
$
(68,139
)
 
$
(24,635
)
 
$
(533
)
 
$
(92,448
)
Other comprehensive income (loss) before reclassification
 
(469
)
 
(1,790
)
 
(2,257
)
 
(299
)
 
(4,815
)
Amounts reclassified from other comprehensive loss
 
153

 
1,790

 

 
849

 
2,792

Net current period other comprehensive income (loss)
 
(316
)
 

 
(2,257
)
 
550

 
(2,023
)
Ending balance
 
$
543

 
$
(68,139
)
 
$
(26,892
)
 
$
17

 
$
(94,471
)
Reclassification out of Accumulated Other Comprehensive Income
Details of amounts reclassified out of AOCL for the three-month period ended December 31, 2015 are as follows (in thousands):
Details of AOCL Components

Amount reclassified from AOCL

Affected line item on condensed consolidated statement of operations and retained earnings
Unrealized gain on investments




 

$
3


Investment income
 

3


Total before tax
 

1


Tax expense
 

$
2


Net of tax






Net amortization of prior service cost

 



 

$
869


(1)
 

869


Total before tax
 

(304
)

Tax benefit
 

$
565


Net of tax






Change in derivatives qualifying as hedges

 


 
 

$
6


Cost of products sold
 
 
432

 
Interest expense
 

438


Total before tax
 

(153
)

Tax benefit
 

$
285


Net of tax

Details of amounts reclassified out of AOCL for the nine-month period ended December 31, 2015 are as follows (in thousands):

Details of AOCL Components
 
Amount reclassified from AOCL
 
Affected line item on condensed consolidated statement of operations and retained earnings
Unrealized gain on investments
 
 
 
 
 
 
$
236

 
Investment income
 
 
236

 
Total before tax
 
 
83

 
Tax expense
 
 
$
153

 
Net of tax
 
 
 
 
 
Net amortization of prior service cost
 
 

 
 
 
 
$
2,754

 
(1)
 
 
2,754

 
Total before tax
 
 
(964
)
 
Tax benefit
 
 
$
1,790

 
Net of tax
 
 
 
 
 
Change in derivatives qualifying as hedges
 
 

 
 
 
 
$
(51
)
 
Cost of products sold
 
 
1,357

 
Interest expense
 
 
1,306

 
Total before tax
 
 
(457
)
 
Tax benefit
 
 
$
849

 
Net of tax



(1)
These AOCL components are included in the computation of net periodic pension cost. (See Note 9 — Net Periodic Benefit Cost for additional details.)