v3.7.0.1
Derivative Financial Instruments (Tables)
 12 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Of Derivative Instruments In The Consolidated Balance Sheets Presented below in tabular form is information on the location and amounts of derivative fair values in the Consolidated Balance Sheets and derivative gains and losses in the Consolidated Statements of Income:

Fair Value of Derivative Instruments
March 31, 2017 and 2016

 
 
Derivatives and Hedging Activities
Designated as Cash Flow Hedges
 
Derivatives and Hedging Activities
Not Designated as Hedging  Instruments
 
 
March 31, 2017
 
March 31, 2016
 
March 31, 2017
 
March 31, 2016
Prepaid and other current assets
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
1,163

 
$
—

 
$
—

 
$
—

Foreign currency forward contracts
 
11

 
—

 
—

 
—

Total assets
 
$
1,174

 
$
—

 
$
—

 
$
—

Accrued expenses
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
—

 
$
499

 
$
—

 
$
—

Foreign currency forward contracts
 
—

 
350

 
324

 
638

Total liabilities
 
$
—

 
$
849

 
$
324

 
$
638
The Effect of Derivative Instruments on the Consolidated Statements of Income The Effect of Derivative Instruments on the Consolidated Statements of Income
For the fiscal year ended March 31, 2017
 
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
 
$
7,907

 
Cost of goods sold
 
$
5,803

Foreign currency forward contracts
 
845

 
Cost of goods sold
 
433

Total
 
$
8,752

 
 
 
$
6,236

The Effect of Derivative Instruments on the Consolidated Statements of Income
For the fiscal year ended March 31, 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
 
$
(3,361
)
 
Cost of goods sold
 
$
(11,085
)
Foreign currency forward contracts
 
(3,023
)
 
Cost of goods sold
 
3,941

Total
 
$
(6,384
)
 
 
 
$
(7,144
)

The Effect of Derivative Instruments on the Consolidated Statements of Income
For the fiscal year ended March 31, 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
 
$
(7,743
)
 
Cost of goods sold
 
$
(4,347
)
Foreign currency forward contracts
 
8,206

 
Cost of goods sold
 
1,386

Total
 
$
463

 
 
 
$
(2,961
)
Effect Of Derivative Instruments
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
$
(409
)
Total
 
$
(409
)
 
 
 
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
$
(471
)
Total
 
$
(471
)
 
 
 
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
$
972

Total
 
$
972