Employee Benefits
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12 Months Ended |
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Mar. 31, 2014
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Employee Benefits [Abstract] | |
Employee Benefits |
Employee Benefits
The Company has defined contribution plans covering substantially all domestic employees and certain foreign subsidiary employees who meet certain service and eligibility requirements. Participant benefits are 100% vested upon participation. The Company matches employee contributions, limited to 50% of the first 6% of each employee's salary contributed. The Company's matching contributions to defined contribution plans on a consolidated basis were approximately $1,579, $1,458, and $1,357 in fiscal 2014, fiscal 2013, and fiscal 2012, respectively.
The Company has an incentive compensation program to provide employees with incentive pay based on the Company's ability to achieve certain profitability objectives. The Company recorded approximately $1,272, $4,268, and $6,943 for incentive compensation earned in fiscal 2014, fiscal 2013, and fiscal 2012, respectively.
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- Details
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- Definition
The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. No definition available.
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