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Employee Benefit Plans
9 Months Ended
Dec. 31, 2023
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans

13. Employee Benefit Plans

The components of the net periodic benefit costs with respect to postretirement benefits were as follows:

 

 

 

Quarter ended December 31,

 

 

 

 

2023

 

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

Service cost for benefits earned during the period

 

$

297

 

 

$

332

 

Other components of net periodic benefit costs:

 

 

 

 

 

 

Interest cost on accumulated postretirement benefit

 

 

367

 

 

 

287

 

Other components

 

 

(2

)

 

 

17

 

Total other components of net periodic benefit costs

 

 

365

 

 

 

304

 

Net periodic postretirement benefit cost

 

$

662

 

 

$

636

 

 

 

 

Nine months ended December 31,

 

 

 

 

2023

 

 

 

2022

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

Service cost for benefits earned during the period

 

$

891

 

 

$

995

 

Other components of net periodic benefit costs:

 

 

 

 

 

 

Interest cost on accumulated postretirement benefit

 

 

1,102

 

 

 

861

 

Other components

 

 

(8

)

 

 

51

 

Total other components of net periodic benefit costs

 

 

1,094

 

 

 

912

 

Net periodic postretirement benefit cost

 

$

1,985

 

 

$

1,907