Quarterly report pursuant to Section 13 or 15(d)

Basis of Presentation (Tables)

v3.3.1.900
Basis of Presentation (Tables)
9 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
New Accounting Pronouncement, Early Adoption [Table Text Block]
In November 2015, the Financial Accounting Standards Board (FASB) issued ASU No. 2015-17, Balance Sheet Classification of Deferred Taxes (ASU 2015-17), which requires that all tax liabilities and assets be classified as non-current in a classified statement of financial position. ASU 2015-17 is effective for annual reporting periods beginning after December 15, 2016. In the quarter ended December 31, 2015, the Company early adopted ASU 2015-17 with retrospective application, which resulted in the following reclassification from current deferred income taxes to non-current deferred income taxes on the Consolidated Balance Sheets as of March 31, 2015:
Balance Sheet Classification
 
March 31, 2015
(As Reported)
 
Reclassification
 
March 31, 2015
 (As Reclassified)
Deferred income taxes
 
$
1,043

 
$
(1,043
)
 
$

Deferred income tax liability
 
$
1,089

 
$
(1,043
)
 
$
46