v3.26.1
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Mar. 31, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Components of Accumulated Other Comprehensive (Loss) Income
The components of accumulated other comprehensive loss is as follows:
 March 31,
 20262025
Foreign currency translation adjustment – net of tax$(21,599)$(33,942)
Pension liability – net of tax14,442 12,661 
Postretirement obligations – net of tax1,527 1,573 
Split-dollar life insurance arrangements – net of tax502 526 
Derivatives qualifying as hedges – net of tax(1,620)(1,919)
Accumulated other comprehensive loss$(6,748)$(21,101)
Changes in accumulated other comprehensive income by component are as follows (in thousands):

 March 31, 2026
 Retirement ObligationsForeign CurrencyChange in Derivatives Qualifying as HedgesTotal
Beginning balance net of tax$14,760 $(33,942)$(1,919)(21,101)
Other comprehensive income (loss) before reclassification2,605 12,343 (1,155)13,793 
Amounts reclassified from other comprehensive loss to net income(894)— 1,454 560 
Net current period other comprehensive (loss) income1,711 12,343 299 14,353 
Ending balance net of tax$16,471 $(21,599)$(1,620)$(6,748)

 March 31, 2025
 Retirement ObligationsForeign CurrencyChange in Derivatives Qualifying as HedgesTotal
Beginning balance net of tax$(10,696)$(32,785)$3,804 (39,677)
Other comprehensive income (loss) before reclassification7,274 (1,157)2,243 8,360 
Amounts reclassified from other comprehensive loss to net income18,182 — (7,966)10,216 
Net current period other comprehensive (loss) income25,456 (1,157)(5,723)18,576 
Ending balance net of tax$14,760 $(33,942)$(1,919)$(21,101)
Schedule of Reclassification Out of Accumulated Other Comprehensive Loss
Details of amounts reclassified out of accumulated other comprehensive loss for the year ended March 31, 2026 are as follows (in thousands):

Details of AOCL ComponentsAmount reclassified from AOCLAffected line item on consolidated statement of operations
Net pension amount unrecognized
 $(1,205)(1)
 (1,205)Total before tax
 311 Tax benefit
 $(894)Net of tax
Change in derivatives qualifying as hedges 
 $(173)Cost of products sold
(1,114)Interest expense
3,217 Foreign currency
 1,930 Total before tax
 (476)Tax benefit
 $1,454 Net of tax
(1)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. (See Note 13 for additional details.)
Details of amounts reclassified out of accumulated other comprehensive loss for the year ended March 31, 2025 are as follows (in thousands):
Details of AOCL ComponentsAmount reclassified from AOCLAffected line item on consolidated statement of operations
Net pension amount unrecognized
 $24,118 (1)
 24,118 Total before tax
 (5,936)Tax benefit
 $18,182 Net of tax
Change in derivatives qualifying as hedges 
 $36 Cost of products sold
(10,717)Interest expense
20 Foreign currency
 (10,661)Total before tax
 2,695 Tax benefit
 $(7,966)Net of tax
(1)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost. (See Note 13 for additional details.)