Company: PBH
Filing Date: 2025-05-09
Form Type: 10-K
Source: 0001295947-25-000017
Chunk: 127

Company: Prestige Consumer Healthcare Inc.
Filing Date: 2025-05-09
Form: 10-K
Item: Item 8
Chunk 127
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3,381 $3,646 Interest cost155 152 Actuarial gain66 (47)Benefits paid(370)(370)Projected benefit obligations at end of year$3,232 $3,381 Change in plan assets:Fair value of plan assets at beginning of period$— $18 Employer contribution370 370 Benefits paid(370)(370)Settlements paid with termination of qualified plan— (18)Fair value of plan assets at end of year$— $— Funded status at end of year$(3,232)$(3,381)Amounts recognized in the balance sheet at the end of the period consist of the following:March 31, (In thousands)20252024Current liability$362 $361 Long-term liability2,870 3,020 Total liabilities$3,232 $3,381 The primary components of Net Periodic Benefit Cost consist of the following:Year Ended March 31, (In thousands)202520242023Interest cost$155 $152 $423 Expected return on assets— — (252)Net periodic benefit cost $155 $152 $171 The following table provides information regarding the accumulated benefit obligation of our pension plan:March 31, (In thousands)20252024Accumulated benefit obligation$3,232 $3,381 Projected benefit obligations$3,232 $3,381 The pension benefit obligation amounts stated above are made up entirely of our unfunded plan.  

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The following table includes amounts that are expected to be contributed to the unfunded plan by the Company.  It reflects benefit payments that are made directly from the Company's assets.  The amounts in the table are actuarially determined and reflect the Company's best estimate given its current knowledge; actual amounts could be materially different. (In thousands)Pension BenefitsEmployer contributions:2026 (expectation) to participant benefits$362 Expected benefit payments year ending March 31,2026$362 2027349 2028336 2029322 2030307 2031-20341,307 There were no plan assets as of March 31, 2024 or 2025. The following tables show the unrecognized actuarial gain included in accumulated other comprehensive income (loss) at March 31, 2025, 2024 and 2023: (In thousands)Balances