Annual report pursuant to Section 13 and 15(d)

Changes in Accumulated Other Comprehensive Loss

v3.23.1
Changes in Accumulated Other Comprehensive Loss
12 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

Note 13 – Changes in Accumulated Other Comprehensive Loss:

The changes in accumulated other comprehensive loss by component for fiscal 2023 and fiscal 2022 are:

 

 

 

Pension and Other Postretirement
Benefit Items

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at April 1, 2021

 

$

(7,698

)

 

$

301

 

 

$

(7,397

)

Other comprehensive income before reclassifications

 

 

(47

)

 

 

198

 

 

 

151

 

Amounts reclassified from accumulated other
  comprehensive loss

 

 

775

 

 

 

 

 

 

775

 

Net current-period other comprehensive income

 

 

728

 

 

 

198

 

 

 

926

 

Balance at March 31, 2022

 

 

(6,970

)

 

 

499

 

 

 

(6,471

)

Other comprehensive income before reclassifications

 

 

(1,023

)

 

 

(492

)

 

 

(1,515

)

Amounts reclassified from accumulated other
  comprehensive loss

 

 

523

 

 

 

 

 

 

523

 

Net current-period other comprehensive income

 

 

(500

)

 

 

(492

)

 

 

(992

)

Balance at March 31, 2023

 

$

(7,470

)

 

$

7

 

 

$

(7,463

)

 

 

 

The reclassifications out of accumulated other comprehensive loss by component are as follows:

Year ended March 31, 2023

 

Details about Accumulated Other
Comprehensive Loss Components

 

Amounts Reclassified from
Accumulated Other
Comprehensive Loss

 

 

 

Affected Line Item in the
Consolidated Statements of
Operations

Pension and other postretirement benefit items:

 

 

 

 

 

 

Amortization of unrecognized prior service
   benefit

 

$

 

 

 

 

Amortization of actuarial loss

 

 

(672

)

(1)

 

 

 

 

 

(672

)

 

 

Income before provision for income taxes

 

 

 

(149

)

 

 

Provision for income taxes

 

 

$

(523

)

 

 

Net income

 

Year ended March 31, 2022

 

Details about Accumulated Other
Comprehensive Loss Components

 

Amounts Reclassified from
Accumulated Other
Comprehensive Loss

 

 

 

Affected Line Item in the
Consolidated Statements of
Operations

Pension and other postretirement benefit items:

 

 

 

 

 

 

Amortization of unrecognized prior service
   benefit

 

$

 

 

 

 

Amortization of actuarial loss

 

 

(996

)

(1)

 

 

 

 

 

(996

)

 

 

Income before provision for income taxes

 

 

 

(221

)

 

 

Provision for income taxes

 

 

$

(775

)

 

 

Net income

 

(1)
These accumulated other comprehensive loss components are included within the computation of net periodic pension and other postretirement benefit costs. See Note 11.