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Derivatives and Hedging Activities (Tables)
6 Months Ended
Sep. 30, 2012
Derivatives and Hedging Activities [Abstract]  
Fair value of the derivative financial instruments recorded in the consolidated balance sheets
The fair value of the Company's derivative financial instruments recorded in the consolidated balance sheets were as follows:

 
Balance Sheet Location
 
September 30, 2012
  
March 31, 2012
 
Derivative instruments designated as cash flow hedges:
        
Commodity derivatives
Other current assets
 $-  $156 
Commodity derivatives
Other current liabilities
  -   924 
            
Derivative instruments not designated as cash flow hedges:
          
Foreign exchange contracts
Other current assets
 $205  $205 
Commodity derivatives
Other current liabilities
  1,593   2,606 

Amounts recorded in AOCI and in consolidated statement of operations
The amounts recorded in AOCI and in the consolidated statement of operations for all of the Company's derivative financial instruments were as follows:

 
 
 
 
Three months ended
 
 
Six months ended
 
 
 
 
 
September 30, 2012
 
 
September 30, 2012
 
 
Amount of
Loss Recognized in AOCI
 
Location of Loss
Reclassified from
AOCI into Continuing Operations
 
Loss Reclassified
from AOCI into
Continuing
Operations
 
 
Total (Gain) Loss
Recognized in
Continuing
Operations
 
 
Loss Reclassified
from AOCI into
Continuing
Operations
 
 
Total (Gain) Loss
Recognized in
Continuing
Operations
 
Commodity derivatives
 
$
1,382
 
Cost of sales
 
$
991
 
 
$
(14
)
 
$
1,715
 
 
$
2,725
 
Foreign exchange contracts
 
 
-
 
Other (income) expense -net
 
 
-
 
 
 
97
 
 
 
-
 
 
 
(339
)
Total
 
$
1,382
 
 
$
991
 
 
$
83
 
 
$
1,715
 
 
$
2,386
 

 
 
 
 
Three months ended
 
 
Six months ended
 
 
 
 
 
September 30, 2011
 
 
September 30, 2011
 
 
Amount of Loss
Recognized in AOCI
 
Location of Loss
Reclassified from
AOCI into Continuing
Operations
 
Amount of Loss
Reclassified from
AOCI into Continuing
Operations
 
 
Amount of Loss
Reclassified from
AOCI into Continuing
Operations
 
Commodity derivatives
 
$
5,239
 
Cost of sales
 
$
617
 
 
$
417
 
Total
 
$
5,239
 
 
$
617
 
 
$
417