XML 69 R47.htm IDEA: XBRL DOCUMENT v3.4.0.3
Employee Benefit Plans (Table Text Block)
12 Months Ended
Mar. 31, 2016
Table Text Block [Abstract]  
Summary Of Financing Arrangements for Leveraged ESOP Debt

 

 

Outstanding as of

 

Interest Payments

Financing Date

 

March 31, 2016

 

2016

 

2015

 

2014

 

 

(In thousands)

June, 1991

$

46

$

10

$

48

$

53

July, 2009

 

991

 

33

 

31

 

17

February, 2016

 

5,000

 

 

 

 

Shares Held by the ESOP Plan

 

 

Years Ended March 31,

 

 

2016

 

2015

 

 

(In thousands)

Allocated shares

 

1,203

 

1,249

Unreleased shares - leveraged

 

22

 

14

Fair value of unreleased shares - leveraged

$

8,072

$

4,781

Unreleased shares - non-leveraged

 

8

 

25

Fair value of unreleased shares - non-leveraged

$

2,756

$

8,242

 

Components of Net Periodic Post Retirement Benefit Cost

 

 

Years Ended March 31,

 

 

2016

 

2015

 

2014

 

 

(In thousands)

Service cost for benefits earned during the period

$

961

$

827

$

726

Interest cost on accumulated postretirement benefit

 

752

 

720

 

564

Other components

 

35

 

14

 

19

Net periodic postretirement benefit cost

$

1,748

$

1,561

$

1,309

 

Components of Post Retirement Benefit Liabilities

 

 

Years Ended March 31,

 

 

2016

 

2015

 

 

(In thousands)

Beginning of year

$

18,554

$

16,119

Service cost for benefits earned during the period

 

961

 

827

Interest cost on accumulated post retirement benefit

 

752

 

720

Net benefit payments and expense

 

(541)

 

(450)

Actuarial loss

 

1,065

 

1,338

Accumulated postretirement benefit obligation

 

20,791

 

18,554

 

 

 

 

 

Current liabilities

 

658

 

513

Non-current liabilities

 

20,133

 

18,041

 

 

 

 

 

Total post retirement benefit liability recognized in statement of financial position

 

20,791

 

18,554

Components included in accumulated other comprehensive income (loss):

 

 

 

 

Unrecognized net loss

 

(2,847)

 

(1,817)

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

$

17,944

$

16,737

 

Discount Rate Assumptions for Accumulated Postretirement Benefit Obligations

 

 

Years Ended March 31,

 

 

2016

 

2015

 

2014

 

 

(In percentages)

Accumulated postretirement benefit obligation

 

3.89%

 

3.99%

 

4.49%

 

Future Net Benefit Payments Expected for Post Employee Benefit Obligations

 

 

Future Net Benefit Payments

 

 

(In thousands)

Year-ended:

 

 

2017

$

658

2018

 

773

2019

 

914

2020

 

1,073

2021

 

1,263

2022 through 2026

 

9,169

Total

$

13,850