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Employee Benefits
6 Months Ended
Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]  
EMPLOYEE BENEFITS
EMPLOYEE BENEFITS
The components of the Company’s net periodic pension and other post-retirement benefit costs are as follows:
 
 
Pension Benefits
 
 
Three Months Ended
 
Six Months Ended
 
 
September 30, 2013
 
September 30, 2012
 
September 30, 2013
 
September 30, 2012
 
 
(In thousands)
 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
Service cost
 
$
557

 
$
598

 
$
1,113

 
$
1,173

Interest cost
 
7,096

 
7,386

 
14,171

 
14,689

Expected return on plan assets
 
(7,536
)
 
(7,250
)
 
(15,060
)
 
(14,369
)
Amortization of:
 
 
 
 
 
 
 
 
Prior service cost
 
16

 
15

 
32

 
30

Actuarial loss
 
779

 
505

 
1,559

 
1,004

Net periodic benefit cost
 
$
912

 
$
1,254

 
$
1,815

 
$
2,527

 
 
 
Other Post-Retirement Benefits
 
 
Three Months Ended
 
Six Months Ended
 
 
September 30, 2013
 
September 30, 2012
 
September 30, 2013
 
September 30, 2012
 
 
(In thousands)
 
(In thousands)
Components of net periodic benefit cost:
 
 
 
 
 
 
 
 
Service cost
 
$
191

 
$
176

 
$
384

 
$
346

Interest cost
 
247

 
262

 
495

 
521

Amortization of:
 
 
 
 
 
 
 
 
Prior service cost
 
(123
)
 
(122
)
 
(245
)
 
(245
)
Actuarial loss
 
169

 
161

 
339

 
320

Net periodic benefit cost
 
$
484

 
$
477

 
$
973

 
$
942


The fiscal 2014 pension plan and other post-retirement plan contributions are estimated to be $14.8 million and $1.9 million, respectively. The Company has funded $8.7 million during the six months ended September 30, 2013.