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Fair Value Measurements Fair Value Hierarchy (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Mar. 31, 2020
Reported Value Measurement [Member]          
Assets:          
Cash and cash equivalents $ 312,028   $ 312,028   $ 319,581
Forward and swap contracts [1] 538   538   124
Equity Securities, FV-NI [2] 9,868   9,868   9,624
Investments 2,654   2,654   2,507
Liabilities:          
Forward and swap contracts [1] 609   609   912
Deferred compensation plans [2] 1,662   1,662   1,475
Contingent consideration obligations 16,364   16,364   15,988
Debt Instrument, Fair Value Disclosure [3] 1,020,554   1,020,554   1,150,521
Debt and Equity Securities, Gain (Loss) 384 $ 721 74 $ 2,479  
Investment Owned, at Cost 4,955   4,955    
Contingent consideration obligations 16,364   16,364   15,988
Level 1          
Assets:          
Cash and cash equivalents 312,028   312,028   319,581
Forward and swap contracts 0   0   0
Equity Securities, FV-NI [2] 9,868   9,868   9,624
Investments 2,654   2,654   2,507
Liabilities:          
Forward and swap contracts 0   0   0
Deferred compensation plans [2] 1,662   1,662   1,475
Contingent consideration obligations 0   0   0
Debt Instrument, Fair Value Disclosure 0   0   0
Level 2          
Assets:          
Cash and cash equivalents 0   0   0
Forward and swap contracts [1] 538   538   124
Equity Securities, FV-NI 0   0   0
Investments 0   0   0
Liabilities:          
Forward and swap contracts [1] 609   609   912
Deferred compensation plans 0   0   0
Contingent consideration obligations 0   0   0
Debt Instrument, Fair Value Disclosure [3] 1,081,626   1,081,626   1,143,978
Level 3          
Assets:          
Cash and cash equivalents 0   0   0
Forward and swap contracts 0   0   0
Equity Securities, FV-NI 0   0   0
Investments 0   0   0
Liabilities:          
Forward and swap contracts 0   0   0
Deferred compensation plans 0   0   0
Contingent consideration obligations [4] 16,364   16,364   15,988
Debt Instrument, Fair Value Disclosure $ 0   $ 0   $ 0
[1] The fair values of forward and swap contracts are based on period-end forward rates and reflect the value of the amount that we would pay or receive for the contracts involving the same notional amounts and maturity dates.
[2] We maintain a frozen domestic non-qualified deferred compensation plan covering certain employees, which allows for the deferral of payment of previously earned compensation for an employee-specified term or until retirement or termination. Amounts deferred can be allocated to various hypothetical investment options (compensation deferrals have been frozen under the plan). We hold investments to satisfy the future obligations of the plan. Employees who made deferrals are entitled to receive distributions of their hypothetical account balances (amounts deferred, together with earnings (losses)). We also hold an investment in the common stock of Servizi Italia, S.p.A, a leading provider of integrated linen washing and outsourced sterile processing services to hospital Customers. Changes in the fair value of these investments are recorded in the "Interest income and miscellaneous expense line" of the Consolidated Statement of Income. During the second quarter and first half of fiscal 2021, we recorded losses of $384 and $74, respectively, related to these investments
[3] We estimate the fair value of our long-term debt using discounted cash flow analyses, based on our current incremental borrowing rates for similar types of borrowing arrangements.
[4] Contingent consideration obligations arise from business acquisitions. The fair values are based on discounted cash flow analyses reflecting the possible achievement of specified performance measures or events and captures the contractual nature of the contingencies, commercial risk, and the time value of money. Contingent consideration obligations are classified in the consolidated balance sheets as accrued expense (short-term) and other liabilities (long-term), as appropriate based on the contractual payment dates