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Employee Benefit Plans
9 Months Ended
Dec. 31, 2024
Compensation and Retirement Disclosure [Abstract]  
Employee Benefit Plans

14. Employee Benefit Plans

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

 

 

 

Quarter ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

Service cost for benefits earned during the period

 

$

245

 

 

$

297

 

Other components of net periodic benefit costs:

 

 

 

 

 

 

Interest cost on accumulated postretirement benefit

 

 

374

 

 

 

367

 

Other components

 

 

(2

)

 

 

(2

)

Total other components of net periodic benefit costs

 

 

372

 

 

 

365

 

Net periodic postretirement benefit cost

 

$

617

 

 

$

662

 

 

 

 

Nine months ended December 31,

 

 

 

2024

 

 

2023

 

 

 

(Unaudited)

 

 

 

(In thousands)

 

 

 

 

 

 

 

 

Service cost for benefits earned during the period

 

$

736

 

 

$

891

 

Other components of net periodic benefit costs:

 

 

 

 

 

 

Interest cost on accumulated postretirement benefit

 

 

1,124

 

 

 

1,102

 

Other components

 

 

(8

)

 

 

(8

)

Total other components of net periodic benefit costs

 

 

1,116

 

 

 

1,094

 

Net periodic postretirement benefit cost

 

$

1,852

 

 

$

1,985