OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Jun. 30, 2026

The following table provides an analysis of the changes in accumulated other comprehensive income (loss) (in thousands):


	Three Months Ended June 30,
	2026		2025
Currency translation adjustments:
Balance at beginning of period	$	(11,949)	$	(12,020)
Adjustments for foreign currency translation	(268)		1,382
Balance at end of period	$	(12,217)	$	(10,638)

Interest rate swaps:
Balance at beginning of period	$	955	$	—
Unrealized gain, net of taxes of $(507) and $0, respectively (a)	1,907		—
Reclassification of gains included in interest expense, net, net of taxes of $37 and $0, respectively	(138)		—

Other comprehensive income	1,769		—
Balance at end of period	$	2,724	$	—

Defined benefit plans:
Balance at beginning of period	$	(103)	$	(107)
Amortization of net gains, net of taxes of $(1) and $(1), respectively (b)	3		2

Other comprehensive income	3		2
Balance at end of period	$	(100)	$	(105)

(a) Unrealized gain (loss) is reclassified to earnings as underlying cash interest settlements are made or received. We expect to recognize a loss $1.1 million, net of deferred taxes, over the next twelve months related to the designated cash flow hedge based on its fair value at June 30, 2026.

(b) Amortization of actuarial gains (losses) out of accumulated comprehensive loss are included in the computation of net periodic pension expense.