Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss

v3.24.0.1
Changes in Accumulated Other Comprehensive Loss
9 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

NOTE 12 – CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS:

The changes in accumulated other comprehensive loss by component for the nine months ended December 31, 2023 and 2022 are as follows:

 

 

 

Pension and
Other
Postretirement
Benefit Items

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at April 1, 2023

 

$

(7,470

)

 

$

7

 

 

$

(7,463

)

Other comprehensive income before reclassifications

 

 

 

 

 

(173

)

 

 

(173

)

Amounts reclassified from accumulated other comprehensive
   loss

 

 

492

 

 

 

 

 

 

492

 

Net current-period other comprehensive income (loss)

 

 

492

 

 

 

(173

)

 

 

319

 

Balance at December 31, 2023

 

$

(6,978

)

 

$

(166

)

 

$

(7,144

)

 

 

 

Pension and
Other
Postretirement
Benefit Items

 

 

Foreign
Currency
Items

 

 

Total

 

Balance at April 1, 2022

 

$

(6,970

)

 

$

499

 

 

$

(6,471

)

Other comprehensive income before reclassifications

 

 

 

 

 

(519

)

 

 

(519

)

Amounts reclassified from accumulated other comprehensive
   loss

 

 

393

 

 

 

 

 

 

393

 

Net current-period other comprehensive income (loss)

 

 

393

 

 

 

(519

)

 

$

(126

)

Balance at December 31, 2022

 

$

(6,577

)

 

$

(20

)

 

$

(6,597

)

 

The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2023 and 2022 are as follows:

 

Details about Accumulated Other
 Comprehensive Loss Components

 

Amount Reclassified from
 Accumulated Other
Comprehensive Loss

 

 

 

Affected Line Item in the Condensed
Consolidated Statements of Income

 

 

Three Months Ended

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2023

 

 

 

2022

 

 

 

 

Pension and other postretirement benefit items:

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial loss

 

$

211

 

(1)

 

$

169

 

(1)

 

Income before benefit for income taxes

Tax effect

 

 

47

 

 

 

 

38

 

 

 

(Benefit) provision for income taxes

 

 

$

164

 

 

 

$

131

 

 

 

Net income

 

 

Details about Accumulated Other
 Comprehensive Loss Components

 

Amount Reclassified from
 Accumulated Other
Comprehensive Loss

 

 

 

Affected Line Item in the Condensed
Consolidated Statements of Income

 

 

Nine Months Ended

 

 

 

 

 

 

December 31,

 

 

 

 

 

 

2023

 

 

 

2022

 

 

 

 

Pension and other postretirement benefit items:

 

 

 

 

 

 

 

 

 

 

Amortization of actuarial loss

 

$

632

 

(1)

 

$

505

 

(1)

 

Income before benefit for income taxes

Tax effect

 

 

140

 

 

 

 

112

 

 

 

(Benefit) provision for income taxes

 

 

$

492

 

 

 

$

393

 

 

 

Net income

 

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