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PENSION BENEFIT PLANS
 9 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
PENSION BENEFIT PLANS PENSION BENEFIT PLANS
Certain of the Company's non-U.S. employees participate in noncontributory defined benefit pension plans. None of the Company's employees in the U.S. participate in any noncontributory defined benefit pension plans. In general, these plans are funded based on considerations relating to legal requirements, underlying asset returns, the plan's funded status, the anticipated deductibility of the contribution, local practices, market conditions, interest rates and other factors.
The following sets forth the components of the Company's net periodic pension cost of the noncontributory defined benefit pension plans recorded in operating expenses in the consolidated statements of operations for the three and nine months ended December 31, 2024 and 2023, respectively, (in thousands):
Three Months EndedNine Months Ended
December 31,December 31,
2024202320242023
Service cost$46 $52 $142 $152 
Interest cost238 253 739 741 
Amortization of net gain(113)(235)(350)(686)
    Net periodic pension cost$171 $70 $531 $207 

Expected Contributions
During the nine months ended December 31, 2024, the Company made contributions of $0.5 million to its defined benefit pension plans. During the fiscal year ending March 31, 2025, the Company's cash contribution requirements for its defined benefit pension plans are expected to be less than $1.0 million. As a majority of the participants within the Company's plans are all active employees, the benefit payments are not expected to be material in the foreseeable future.