v3.7.0.1
Fair Value of Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Financial Assets And (Liabilities), Measured At Fair Value On A Recurring Basis The following tables represent the financial assets and (liabilities) measured at fair value on a recurring basis as of March 31, 2017 and March 31, 2016 and the basis for that measurement:

 
 
Total Fair Value
Measurement
March 31, 201
7
 
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts
 
$
1,163

 
$

 
$
1,163

 
$

Foreign currency forward contracts
 
(313
)
 

 
(313
)
 

Total derivatives
 
$
850

 
$

 
$
850

 
$

 
 
 
Total Fair Value
Measurement
March 31, 201
6
 
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts
 
$
(499
)
 
$

 
$
(499
)
 
$

Foreign currency forward contracts
 
(988
)
 

 
(988
)
 

Total derivatives
 
$
(1,487
)
 
$

 
$
(1,487
)
 
$

Carrying Amounts And Estimated Fair Values Of Company's Financial Instruments The carrying amounts and estimated fair values of the Company’s derivatives and Notes at March 31, 2017 and 2016 were as follows:

 
 
March 31, 2017
 
 
 
March 31, 2016
 
 
 
 
Carrying
Amount
 
 
 
Fair Value
 
 
 
Carrying
Amount
 
 
 
Fair Value
 
 
Financial assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives(1)
 
$
1,163

 
  
 
$
1,163

 
  
 
$

 
  
 
$

 
  
Financial liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes (2)
 
300,000

 
 
 
303,000

 
 
 
300,000

 
 
 
288,000

 
 
Derivatives(1)
 
$
313

 
  
 
$
313

 
  
 
$
1,487

 
  
 
$
1,487

 
  
 
(1)
Represents lead and foreign currency forward contracts (see Note 12 for asset and liability positions of the lead and foreign currency forward contracts at March 31, 2017 and March 31, 2016).
(2)
The fair value amount of the Notes at March 31, 2017 at March 31, 2016 represents the trading value of the instruments.