v3.5.0.2
Derivative Financial Instruments (Tables)
 3 Months Ended
Jul. 03, 2016
Text Block [Abstract]  
Fair Value of Derivative Instruments Presented below in tabular form is information on the location and amounts of derivative fair values in the Consolidated Condensed Balance Sheets and derivative gains and losses in the Consolidated Condensed Statements of Income:

Fair Value of Derivative Instruments
July 3, 2016 and March 31, 2016
 
 
 
Derivatives and Hedging Activities Designated as Cash Flow Hedges
 
Derivatives and Hedging Activities Not Designated as Hedging Instruments
 
 
July 3, 2016
 
March 31, 2016
 
July 3, 2016
 
March 31, 2016
Prepaid and other current assets
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
1,598

 
$
—

 
$
—

 
$
—

Foreign currency forward contracts
 
29

 
—

 
—

 
—

Total assets
 
$
1,627

 
$
—

 
$
—

 
$
—

Accrued expenses
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
—

 
$
499

 
$
—

 
$
—

Foreign currency forward contracts
 
—

 
350

 
589

 
638

Total liabilities
 
$
—

 
$
849

 
$
589

 
$
638
The Effect Of Derivative Instruments On Consolidated Condensed Statements Of Income The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended July 3, 2016
Derivatives Designated as Cash Flow Hedges
 
Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)
 
Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)
 
Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts
 
$
1,813

 
Cost of goods sold
 
$
1,059

Foreign currency forward contracts
 
128

 
Cost of goods sold
 
(180
)
Total
 
$
1,941

 
 
 
$
879

Derivatives Not Designated as Hedging Instruments
Location of Gain (Loss) Recognized in Income on Derivative
 
Pretax Gain (Loss)
Foreign currency forward contracts
Other (income) expense, net
 
$
(302
)
Total
 
 
$
(302
)

The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended June 28, 2015
Derivatives Designated as Cash Flow Hedges
 
Pretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)
 
Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)
 
Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts
 
$
(1,089
)
 
Cost of goods sold
 
$
(5,402
)
Foreign currency forward contracts
 
(2,060
)
 
Cost of goods sold
 
3,827

Total
 
$
(3,149
)
 
 
 
$
(1,575
)
Derivatives Not Designated as Hedging Instruments
Location of Gain (Loss) Recognized in Income on Derivative
 
Pretax Gain (Loss)
Foreign currency forward contracts
Other (income) expense, net
 
$
(9
)
Total
 
 
$
(9
)