Pension Plans (Tables)

12 Months Ended

Mar. 31, 2022

Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]

Reconciliation of Benefit Obligations

The following provides a reconciliation of the benefit obligations, the plan assets and the funded status.

	Year ended
	March 31, 2022			March 31, 2021
Pension benefit obligation, beginning of year	$	22,648		$	18,789
Service cost		2,498			2,272
Contributions paid by plan participants		11,124			2,704
Interest cost		96			126
Benefits paid		(4,822	)		(2,207	)
Prior service cost		—			—
Actuarial loss / (gain)		(2,443	)		648
Foreign currency translation		454			316
Pension benefit obligation, end of year	$	29,555		$	22,648

Reconciliation of Plan Assets

	Year ended
	March 31, 2022			March 31, 2021
Fair value of plan assets, beginning of year	$	15,751		$	12,436
Actual return on plan assets		805			1,293
Contributions paid by employer		1,624			1,333
Contributions paid by plan participants		11,124			2,704
Benefits paid		(4,822	)		(2,207	)
Foreign currency translation		296			192
Fair value of plan assets, end of year	$	24,778		$	15,751

Reconciliation of Funded Status

	Year ended
	March 31, 2022		March 31, 2021
Pension benefit obligation, end of year	$	29,555	$	22,648
Fair value of plan assets, end of year		24,778		15,751
Net funding obligation, end of year	$	4,777	$	6,897

Assumptions Used to Determine Pension Benefit Obligation

The assumptions used to determine the pension benefit obligation at the end of each financial year are:

	Year ended
	March 31, 2022			March 31, 2021
Price inflation		1.00	%		1.00	%
Discount rate		1.30	%		0.35	%
Interest rate on retirement savings capital		1.30	%		0.60	%
Expected return on plan assets		1.75	%		1.75	%
Average rate of salary increase		1.00	%		1.00	%

Schedule of Net Pension Costs

The net pension costs for the year are based on the assumptions adopted at the start of each financial year and comprise:

	Year ended
	March 31, 2022			March 31, 2021
Employer service cost	$	2,498		$	2,272
Interest cost		96			126
Expected return on plan assets		(352	)		(243	)
Amortization of prior service credit		58			58
Amortization of net loss		—			—
Net pension cost	$	2,300		$	2,213

Schedule of Provision for Pension Benefit Obligation Recognized in Other Comprehensive Income

The provision for pension benefit obligation recognized in other comprehensive income comprises:

	Year ended
	March 31, 2022			March 31, 2021
Net actuarial (gain) / loss	$	(2,883	)	$	(389	)
Amortization of prior service credit		(58	)		(58	)
Amortization of net loss		—			—
	$	(2,941	)	$	(447	)

Schedule of Benefit Payments Expected to be Paid

The following benefit payments are expected to be paid in the following periods:

2023	$	1,382
2024	$	1,428
2025	$	1,451
2026	$	1,534
2027	$	1,511
2028 to 2031	$	12,500