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INCOME TAXES (Tables)
9 Months Ended
Dec. 31, 2015
Income Tax Disclosure [Abstract]  
Schedule of Uncertain Tax Positions and Income Tax Payable

The company’s balance sheet at December 31, 2015 reflects the following in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 740, Income Taxes:

 

 

 

December 31,

 

(In thousands)

 

2015

 

Tax liabilities for uncertain tax positions

 

$

14,591

 

Income tax payable

 

 

27,581

 

 

Schedule of Unrecognized Tax Benefits Which Would Lower Effective Tax Rate if Realized

Unrecognized tax benefits, which would lower the effective tax rate if realized at December 31, 2015, are as follows:

 

 

 

December 31,

 

(In thousands)

 

2015

 

Unrecognized tax benefit related to state tax issues

 

$

11,732

 

Interest receivable on unrecognized tax benefit related to state tax issues

 

 

38