Defined Benefit Pension Plans

6 Months Ended

Sep. 30, 2017

Defined Benefit Plan Net Periodic Benefit Cost [Abstract]

Defined Benefit Pension Plans

Note 9. Defined Benefit Pension Plans

The Company’s Swiss subsidiary has a fully insured pension plan managed by Swiss Life. The costs of this plan were:

	Quarter ended						Six months ended
	September 30,						September 30,
	2017			2016			2017			2016
Employer service cost	$	398		$	341		$	791		$	685
Interest cost		27			10			54			20
Expected return on plan assets		(29	)		(16	)		(57	)		(31	)
Amortization of prior service credit		(3	)		—			(7	)		—
Amortization of net loss		47			43			93			87
Net pension cost for the year	$	440		$	378		$	874		$	761

The employer contributions for the six month periods ended September 30, 2017 and 2016 were $545 and $417, respectively.  The estimated employer contributions for the fiscal year ending March 31, 2018 are $1,031.