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Fair Value Measurements (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Document Period End Date Mar. 31, 2023    
Equity Securities, FV-NI, Gain (Loss) $ (1,176) $ (775)  
Business Acquisition, Contingent Consideration, at Fair Value 15,678 10,550 $ 19,642
Fair Value, Inputs, Level 1      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Investments, Fair Value Disclosure 2,066 2,272  
Cash and Cash Equivalents, Fair Value Disclosure 208,357 348,320  
Foreign Currency Contract, Asset, Fair Value Disclosure [1] 0 0  
Equity Securities, FV-NI [2] 7,069 8,520  
Foreign Currency Contracts, Liability, Fair Value Disclosure [1] 0 0  
Deferred Compensation Plan Assets [2] 1,022 1,240  
Long-term Debt, Fair Value [3] 0 0  
Business Acquisition, Contingent Consideration, at Fair Value 0 [4] 0  
Fair Value, Inputs, Level 2      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Investments, Fair Value Disclosure 0 0  
Cash and Cash Equivalents, Fair Value Disclosure 0 0  
Foreign Currency Contract, Asset, Fair Value Disclosure [1] 378 2,780  
Foreign Currency Contracts, Liability, Fair Value Disclosure [1] 2,054 198  
Deferred Compensation Plan Assets [2] 0 0  
Long-term Debt, Fair Value [3] 2,754,218 2,991,680  
Business Acquisition, Contingent Consideration, at Fair Value 0 [4] 0  
Fair Value, Inputs, Level 3      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Investments, Fair Value Disclosure 0 0  
Cash and Cash Equivalents, Fair Value Disclosure 0 0  
Foreign Currency Contract, Asset, Fair Value Disclosure 0 [1] 0  
Foreign Currency Contracts, Liability, Fair Value Disclosure 0 [1] 0  
Deferred Compensation Plan Assets [2] 0 0  
Long-term Debt, Fair Value [3] 0 0  
Business Acquisition, Contingent Consideration, at Fair Value [4] 15,678 10,550  
Additions [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 8,302 601  
Foreign Currency Gain (Loss)      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability 6 (7)  
Reductions and Payout      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability (80) (32,336)  
Reductions [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability   (2,350)  
Cost of Sales      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Gain (Loss) on Sale of Commodity Contracts (3,630) 3,921 $ 771
Reported Value Measurement [Member]      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Investments, Fair Value Disclosure 2,066 2,272  
Cash and Cash Equivalents, Fair Value Disclosure 208,357 348,320  
Foreign Currency Contract, Asset, Fair Value Disclosure [1] 378 2,780  
Equity Securities, FV-NI [2] 7,069 8,520  
Foreign Currency Contracts, Liability, Fair Value Disclosure [1] 2,054 198  
Deferred Compensation Plan Assets [2] 1,022 1,240  
Long-term Debt, Fair Value [3] 3,078,655 3,088,356  
Business Acquisition, Contingent Consideration, at Fair Value [4] $ 15,678 $ 10,550  
[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 allowed 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 (income) line of the Consolidated Statement of Income. During fiscal 2023 and fiscal 2022, we recorded losses of $(1,176) and $(775), respectively, related to these investments.
[3] We estimate the fair value of our debt using discounted cash flow analyses, based on our current incremental borrowing rates for similar types of borrowing arrangements. The fair values of our Senior Public Notes are estimated using quoted market prices for the publicly registered Senior Notes.
[4] Contingent consideration obligations arise from prior 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.