Savings and Retirement Plans (Tables)

12 Months Ended

Mar. 31, 2013

Retirement Plans Disclosure [Line Items]

Allocation of pension plan assets

The allocation of pension plan assets as of March 31 was as follows:

	2013						2012
	Target Allocation			Actual Allocation			Target Allocation			Actual Allocation
Other Contract (Netherlands Plan)		100	%		100	%		100	%		100	%
Deposit Administration Contract (U.K. Plan)		100	%		100	%		100	%		100	%

Fair value of pension plan assets

The fair value of the pension plan assets at March 31 by asset class is as follows:

Asset Class	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
2013
Other Contract (Netherlands Plan)	$	1,993,000	$	(3,000	)	$	-	$	1,996,000
Deposit Administration Contract (U.K. Plan)		636,000		-			636,000		-
2012
Other Contract (Netherlands Plan)	$	1,217,000	$	-		$	-	$	1,217,000
Deposit Administration Contract (U.K. Plan)		614,000		-			614,000		-

Reconciliation of beginning and ending balances for Level 3 assets

The reconciliation of beginning and ending balances for our Level 3 assets is as follows:

	Other Contract (Netherlands Pension Plan Assets)
Beginning balance as at April 1, 2012	$	1,217,000
Loss recognized in earnings		(13,000	)
Unrealized actuarial gain recognized in other comprehensive loss		721,000
Purchases		122,000
Unrealized foreign currency translation loss recognized in other comprehensive loss		(51,000	)
Ending balance as at March 31, 2013	$	1,996,000

The Netherlands Defined Benefit Plan [Member]

Retirement Plans Disclosure [Line Items]

Benefit payments in subsequent fiscal years

At March 31, 2013, we project the following benefit payments in subsequent fiscal years:

2014	$	-
2015		4,000
2016		23,000
2017		23,000
2018		23,000
2019 to 2023		159,000
	$	232,000

Summary of the changes in benefit obligations and the change in plan assets

The following table summarizes the change in benefit obligations and the change in plan assets for the years ended March 31:

	2013			2012
Changes in benefit obligations:
Projected benefit obligation, beginning of year	$	1,572,000		$	1,427,000
Service cost		74,000			73,000
Interest cost		88,000			86,000
Actuarial result		956,000			70,000
Foreign currency translation		(66,000	)		(84,000	)
Projected benefit obligation, end of year	$	2,624,000		$	1,572,000
Changes in plan assets:
Plan assets, beginning of year	$	1,217,000		$	1,041,000
Contributions to plan		122,000			154,000
Management cost		(11,000	)		(14,000	)
Actual return on assets		716,000			100,000
Foreign currency translation		(51,000	)		(64,000	)
Plan assets, end of year	$	1,993,000		$	1,217,000

Amount recognized in other comprehensive loss

The amount recognized in other comprehensive loss at March 31 consists of:

	2013			2012
Unrecognized net prior service benefit	$	(313,000	)	$	(357,000	)
Unrecognized net losses		612,000			411,000
Additional other comprehensive loss (gross of deferred taxes)	$	299,000		$	54,000

Projected benefit obligation, accumulated benefit obligations and the fair value plan assets

The projected benefit obligation, accumulated benefit obligations and the fair value plan assets at March 31 were as follows:

	2013		2012
Projected benefit obligation	$	2,624,000	$	1,572,000
Accumulated benefit obligation		2,083,000		1,253,000
Fair value of plan assets		1,993,000		1,217,000

Components of benefit costs for defined benefit retirement plans

The cost of our defined benefit retirement plan includes the following components for the years ended March 31:

	2013			2012			2011
Gross service cost, net of employee contribution	$	60,000		$	58,000		$	80,000
Interest cost		88,000			86,000			81,000
Management cost		11,000			14,000			12,000
Expected return on assets		2,000			9,000			(24,000	)
Amortization		(11,000	)		(6,000	)		5,000
Net periodic retirement cost	$	150,000		$	161,000		$	154,000

Major assumptions used in calculations

Major assumptions used in the above calculations include:

	2013			2012
Discount rate		3.90	%		5.80	%
Expected return on assets		3.90	%		5.80	%
Expected rate of increase in future compensation:
General		2.5	%		2.5	%
Individual		0-3	%		0-3	%

The UK Defined Benefit Plan [Member]

Retirement Plans Disclosure [Line Items]

Benefit payments in subsequent fiscal years

At March 31, 2013 we project the following benefit payments in subsequent fiscal years:

2014	$	-
2015		-
2016		-
2017		86,000
2018		-
2019 to 2023		136,000
	$	222,000

Summary of the changes in benefit obligations and the change in plan assets

The following table summarizes the change in benefit obligations and the change in plan assets for the years ended March 31:

	2013			2012
Changes in benefit obligations:
Projected benefit obligation, beginning of year	$	733,000		$	652,000
Service cost		5,000			5,000
Interest cost		35,000			36,000
Other		(5,000	)		(5,000	)
Actuarial result		(69,000	)		47,000
Foreign currency translation		(34,000	)		(2,000	)
Projected benefit obligation, end of year	$	665,000		$	733,000
Changes in plan assets:
Plan assets, beginning of year	$	614,000		$	562,000
Contributions to plan		34,000			35,000
Management cost		(5,000	)		(5,000	)
Actual return on assets		24,000			23,000
Foreign currency translation		(31,000	)		(1,000	)
Plan assets, end of year	$	636,000		$	614,000

Amount recognized in other comprehensive loss

The amount recognized in other comprehensive loss as of March 31 consists of:

	2013		2012
Unrecognized net losses (gross of deferred taxes)	$	130,000	$	225,000

Projected benefit obligation, accumulated benefit obligations and the fair value plan assets

The projected benefit obligation, accumulated benefit obligation and the fair value plan assets at March 31 were as follows:

	2013		2012
Projected benefit obligation	$	665,000	$	733,000
Accumulated benefit obligation		665,000		733,000
Fair value of plan assets		636,000		614,000

Components of benefit costs for defined benefit retirement plans

The cost of our defined benefit retirement plan includes the following components for the years ended March 31:

	2013			2012			2011
Gross service cost, net of employee contribution	$	5,000		$	5,000		$	3,000
Interest cost		35,000			36,000			33,000
Expected return on assets		(21,000	)		(29,000	)		(26,000	)
Amortization		15,000			12,000			12,000
Net periodic retirement cost	$	34,000		$	24,000		$	22,000

Major assumptions used in calculations

Major assumptions used in the above calculations include:

	2013			2012
Discount rate		4.80	%		4.90	%
Expected return on assets		3.10	%		3.40	%