v3.25.1
OTHER COMPREHENSIVE INCOME (LOSS) (Tables)
12 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Analysis of Changes in Accumulated Other Comprehensive Income (Loss)
The following table provides an analysis of the changes in accumulated other comprehensive loss (in thousands).
 March 31,
 20252024
Currency translation adjustments:
Balance at beginning of period$(10,137)$(8,190)
Foreign currency translation adjustments(1,883)(1,947)
Balance at end of period$(12,020)$(10,137)
Interest rate swaps:
Balance at beginning of period$1,111 $(114)
Unrealized gains (losses), net of taxes of $153 and $(639), respectively (a)
(577)2,404 
Reclassification of gains included in interest expense, net of taxes of $142 and $313, respectively
(534)(1,179)
Other comprehensive income(1,111)1,225 
Balance at end of period$— $1,111 
Defined benefit plans:
Balance at beginning of period$(100)$(105)
Amortization of net loss, net of taxes of $2 and $(1), respectively (b)
(7)
Net gain arising during the year, net of taxes of $0 and $(1), respectively
— 
Other comprehensive income(7)
Balance at end of period$(107)$(100)
(a) Unrealized gain (loss) is reclassified to earnings as underlying cash interest settlements are made or received. As discussed in Note 10, the interest rate swap was terminated in September 2024. As such, no gain or loss is expected to be recognized over the next twelve months.
(b) Amortization of prior actuarial loss out of accumulated other comprehensive loss is included in the computation of net periodic pension expense. See Note 14 for additional information.