Interest Rates and Company Borrowings (Table Text Block)

9 Months Ended

Dec. 31, 2012

Line of Credit Facility [Abstract]

Schedule of line of credit facilities

Interest rates and Company borrowings were as follows:

		Revolving Credit Activity
		Quarter Ended December 31,
		2012		2011
		(Unaudited)
		(In thousands, except interest rates)
Weighted average interest rate during the quarter		1.57%		1.80%
Interest rate at the end of the quarter		1.61%		1.77%
Maximum amount outstanding during the quarter	$	25,000	$	38,920
Average amount outstanding during the quarter	$	24,185	$	37,779
Facility fees	$	115	$	109
		Revolving Credit Activity
		Nine Months Ended December 31,
		2012		2011
		(Unaudited)
		(In thousands, except interest rates)
Weighted average interest rate during the first nine months		1.67%		1.72%
Interest rate at the end of the first nine months		1.61%		1.77%
Maximum amount outstanding during the first nine months	$	48,920	$	38,920
Average amount outstanding during the first nine months	$	24,830	$	24,685
Facility fees	$	399	$	416

We manage exposure to changes in market interest rates. Our use of derivative instruments is limited to highly effective interest rate swaps to hedge the risk of changes in cash flows (future interest payments) attributable to changes in LIBOR swap rates, the designated benchmark interest rate being hedged on certain of our LIBOR indexed variable rate debt and a variable rate operating lease. The interest rate swaps effectively fix our interest payments on certain LIBOR indexed variable rate debt. We monitor our positions and the credit ratings of our counterparties and do not currently anticipate non-performance by the counterparties. Interest rate swap agreements are not entered into for trading purposes.