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Other (Income) Expense, Net and Charges Related to Refinancing
12 Months Ended
Mar. 31, 2011
Other (Income) Expense, Net and Charges Related to Refinancing  
Other (Income) Expense, Net and Charges Related to Refinancing

23. Other (Income) Expense, Net and Charges Related to Refinancing

Other (income) expense, net consists of the following:

 

     Fiscal Years Ended March 31,  
     2011      2010      2009  

Foreign exchange transaction (gains) losses

   $ 732       $ 3,045       $ (11,571

Secondary offering fee

     615         150         330   

Non-controlling interest

     382         350         537   

Other

     448         839         2,107   
                          

Total

   $ 2,177       $ 4,384       $ (8,597
                          

Charges related to refinancing:

 

     Fiscal Years Ended March 31,  
     2011      2010      2009  

Charges related to refinancing

   $ 8,155       $ —         $ 5,209   
                          

In fiscal 2011, the Company incurred charges of $8,155 in connection with the refinancing of amounts borrowed under the 2011 Credit Facility. These charges included $2,308 in write offs of deferred financing fees and $5,847 of losses from discontinuing hedge accounting for the interest rate swap agreements.

In fiscal 2009, the Company incurred charges of $5,209 in connection with the refinancing of amounts borrowed under the 2008 Credit Facility. These charges included $3,963 in write offs of deferred financing fees and $1,246 of losses incurred as a result of the termination of certain interest rate swap agreements.