Quarterly report pursuant to Section 13 or 15(d)

Changes in Accumulated Other Comprehensive Loss

v2.4.1.9
Changes in Accumulated Other Comprehensive Loss
 9 Months Ended
Dec. 31, 2014
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 the nine months ended December 31, 2014 and 2013 are as follows:

 

     Pension and
Other
Postretirement
Benefit Items		      Foreign
Currency
Items		      Total  

Balance at April 1, 2014

    $ (6,168 )     $ 403       $ (5,765 ) 

Other comprehensive income before reclassifications

      —           4         4   

Amounts reclassified from accumulated other comprehensive loss

      252         —           252   
  

 

 

     

 

 

     

 

 

  

Net current-period other comprehensive income

   252      4      256   
  

 

 

     

 

 

     

 

 

  

Balance at December 31, 2014

 $ (5,916 )  $ 407    $ (5,509 ) 
  

 

 

     

 

 

     

 

 

  

 

     Pension and
Other
Postretirement
Benefit Items		      Foreign
Currency
Items		      Total  

Balance at April 1, 2013

    $ (8,443 )     $ 410       $ (8,033 ) 

Other comprehensive income before reclassifications

      —           73         73   

Amounts reclassified from accumulated other comprehensive loss

      429         —           429   
  

 

 

     

 

 

     

 

 

  

Net current-period other comprehensive income

   429      73      502   
  

 

 

     

 

 

     

 

 

  

Balance at December 31, 2013

 $ (8,014 )  $ 483    $ (7,531 ) 
  

 

 

     

 

 

     

 

 

  

 

The reclassifications out of accumulated other comprehensive loss by component for the three and nine months ended December 31, 2014 and 2013 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
Operations and Retained
Earnings
     Three Months
Ended
December 31,
2014		     Three Months
Ended
December 31,
2013		      

Pension and other postretirement benefit items:

       

Amortization of unrecognized prior service benefit

    $ 25 (1)    $ 40 (1)   

Amortization of actuarial loss

      (155 )(1)      (261 )(1)   
  

 

 

    

 

 

    
  (130 )    (221 )  Income before provision for income taxes
  (46 )    (78 )  Provision for income taxes
  

 

 

    

 

 

    
$ (84 )  $ (143 )  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
Operations and Retained

Earnings
     Nine Months
Ended
December 31,
2014		     Nine Months
Ended
December 31,
2013		      

Pension and other postretirement benefit items:

       

Amortization of unrecognized prior service benefit

    $ 76 (1)    $ 121 (1)   

Amortization of actuarial loss

      (465 )(1)      (784 )(1)   
  

 

 

    

 

 

    
  (389 )    (663 )  Income before provision for income taxes
  (137 )    (234 )  Provision for income taxes
  

 

 

    

 

 

    
$ (252 )  $ (429 )  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 10.