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Post Retirement Benefit Liability (Table Text Block)
12 Months Ended
Mar. 31, 2015
Table Text Block [Abstract]  
Components of Post Retirement Benefit Liabilities

 

 

Years Ended March 31,

 

 

2015

 

2014

 

 

(In thousands)

Beginning of year

$

16,119

$

14,376

Service cost for benefits earned during the period

 

827

 

726

Interest cost on accumulated post retirement benefit

 

720

 

564

Net benefit payments and expense

 

(450)

 

(263)

Actuarial loss

 

1,338

 

716

Accumulated postretirement benefit obligation

 

18,554

 

16,119

 

 

 

 

 

Current liabilities

 

513

 

397

Non-current liabilities

 

18,041

 

15,722

 

 

 

 

 

Total post retirement benefit liability recognized in statement of financial position

 

18,554

 

16,119

Components included in accumulated other comprehensive income (loss):

 

 

 

 

Unrecognized net loss

 

(1,817)

 

(492)

Cumulative net periodic benefit cost (in excess of employer contribution)

$

16,737

$

15,627