Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Mar. 31, 2020

The following summarizes changes in each component of accumulated other comprehensive loss, net of tax, attributable to the Company:


	Currency Translation Adjustment		Pensions, Net of Tax		Derivatives, Net of Tax		Accumulated Other Comprehensive Loss
Balances at March 31, 2017	$	(22,293)	$	(36,654)	$	(1,100)	$	(60,047)
Other comprehensive income (loss) before reclassifications	9,611		(2,121)		1,100		8,590
Amounts reclassified to net income, net of tax	—		6,195		—		6,195
Other comprehensive income, net of tax	9,611		4,074		1,100		14,785
Balances at March 31, 2018	(12,682)		(32,580)		—		(45,262)
Other comprehensive (loss) income before reclassifications	(9,297)		4,145		(4,513)		(9,665)
Impact of adoption of ASU 2018-02	—		(2,931)		—		(2,931)
Amounts reclassified to net loss, net of tax	—		(5,383)		1,899		(3,484)
Other comprehensive loss, net of tax	(9,297)		(4,169)		(2,614)		(16,080)
Balances at March 31, 2019	(21,979)		(36,749)		(2,614)		(61,342)
Other comprehensive (loss) income before reclassifications	(530)		(2,825)		(186)		(3,541)
Amounts reclassified to net loss, net of tax	—		2,420		3,331		5,751
Other comprehensive (loss) income, net of tax	(530)		(405)		3,145		2,210
Balances at March 31, 2020	$	(22,509)	$	(37,154)	$	531	$	(59,132)

The following summarizes amounts by component, reclassified from accumulated other comprehensive loss to net (loss) income:


	Years Ended March 31,							Affected Line Item in the Consolidated
	2020		2019		2018		Statements of Operations
Pension and postretirement plans⁽¹⁾:
Actuarial loss	$	3,111	$	3,238	$	2,513	Interest expense
Amortization of prior service cost (credit)	(666)		(666)		(667)		Interest expense
Deferred income tax benefit	—		(7,607)		4,448
Amounts reclassified from accumulated other comprehensive income (loss) to net income (loss), gross	2,445		(5,035)		6,294
Tax effects of amounts reclassified from accumulated other comprehensive loss to net income	(25)		(348)		(99)
Amounts reclassified from accumulated other comprehensive loss to net income, net	$	2,420	$	(5,383)	$	6,195

(1) Amounts are included in net periodic benefit costs for pension and postretirement plans.


	Years Ended March 31,							Affected Line Item in the Consolidated
	2020		2019		2018		Statements of Operations
Derivatives:
Losses reclassified to cost of goods sold	$	3,331	$	1,899	$	1,818
Amounts reclassified from accumulated other comprehensive loss to net income, gross	3,331		1,899		1,818		Cost of goods and services sold
Tax effects of amounts reclassified from accumulated other comprehensive loss to net income	—		(399)		(382)
Amounts reclassified from accumulated other comprehensive loss to net income, net	$	3,331	$	1,500	$	1,436