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PENSION BENEFIT PLANS (Tables)
 12 Months Ended
Mar. 31, 2023
Retirement Benefits [Abstract]  
Schedule of Changes in Benefit Obligation The components of the change in benefit obligation of the pension plan is as follows (in thousands):
 March 31,March 31,
 20232022
Benefit obligation, at beginning of year$32,849 $37,586 
Service cost291 331 
Interest cost699 560 
Benefits paid and other(535)(422)
Actuarial gain(8,207)(2,761)
Foreign exchange rate impact(530)(2,445)
Benefit obligation, at end of year$24,567 $32,849 
Schedule of Changes in Fair Value of Plan Assets The reconciliation of the beginning and ending balances of the fair value of the assets of the pension plan is as follows (in thousands):
 March 31,March 31,
 20232022
Fair value of plan assets, at beginning of year$— $— 
Employer direct benefit payments535 422 
Benefits paid and other(535)(422)
Fair value of plan assets, at end of year$— $— 
Schedule of Net Benefit Costs The following sets forth the components of the Company's net periodic pension cost of the noncontributory defined benefit pension plans for the fiscal years ended March 31, 2023, 2022, and 2021 (in thousands):
Fiscal Year Ended March 31,
 202320222021
Service cost$291 $331 $333 
Interest cost699 560 667 
     Net periodic pension cost$990 $891 $1,000 
Schedule of Assumptions Used Weighted average assumptions used to determine net periodic pension cost at date of measurement:
March 31,March 31,March 31,
  202320222021
Discount rate 4.10 % 2.20 %1.60 %
Rate of compensation increase 3.00 % 3.00 %3.00 %
Schedule of Expected Benefit Payments The following sets forth benefit payments, which reflect expected future service, as appropriate, expected to be paid by the plan in the periods indicated (in thousands):
2024$582 
2025$691 
2026$788 
2027$878 
2028$997 
2029 - 2033$6,233