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Derivative Financial Instruments (Tables)
 9 Months Ended
Dec. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [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
December 30, 2018 and March 31, 2018
 
 
 
Derivatives and Hedging Activities Designated as Cash Flow Hedges
 
Derivatives and Hedging Activities Not Designated as Hedging Instruments
 
 
December 30, 2018
 
March 31, 2018
 
December 30, 2018
 
March 31, 2018
Prepaid and other current assets:
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
330

 
$
—

 
$
—

 
$
—

Foreign currency forward contracts
 
395

 
209

 
288

 
—

Total assets
 
$
725

 
$
209

 
$
288

 
$
—

Accrued expenses:
 
 
 
 
 
 
 
 
Lead forward contracts
 
$
—

 
$
3,877

 
$
—

 
$
—

Foreign currency forward contracts
 
—

 
—

 
—

 
187

Total liabilities
 
$
—

 
$
3,877

 
$
—

 
$
187
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 December 30, 2018
Derivatives Designated as Cash Flow Hedges
 
Pretax Gain (Loss) Recognized in AOCI on Derivatives (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
 
$
(501
)
 
Cost of goods sold
 
$
(6,892
)
Foreign currency forward contracts
 
583

 
Cost of goods sold
 
789

Total
 
$
82

 
 
 
$
(6,103
)
Derivatives Not Designated as Hedging Instruments
Location of Gain (Loss) Recognized in Income on Derivatives
 
Pretax Gain (Loss)
Foreign currency forward contracts
Other (income) expense, net
 
$
232

Total
 
 
$
232



The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended December 31, 2017
Derivatives Designated as Cash Flow Hedges
 
Pretax Gain (Loss) Recognized in AOCI on Derivatives (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
 
$
(396
)
 
Cost of goods sold
 
$
2,266

Foreign currency forward contracts
 
(87
)
 
Cost of goods sold
 
(1,811
)
Total
 
$
(483
)
 
 
 
$
455

Derivatives Not Designated as Hedging Instruments
Location of Gain (Loss) Recognized in Income on Derivatives
 
Pretax Gain (Loss)
Foreign currency forward contracts
Other (income) expense, net
 
$
93

Total
 
 
$
93




The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the nine months ended December 30, 2018

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
 
$
(11,510
)
 
Cost of goods sold
 
$
(9,611
)
Foreign currency forward contracts
 
1,303

 
Cost of goods sold
 
(14
)
Total
 
$
(10,207
)
 
 
 
$
(9,625
)
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
 
$
(390
)
Total
 
 
$
(390
)


The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the nine months ended December 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
 
$
2,686

 
Cost of goods sold
 
$
2,177

Foreign currency forward contracts
 
(3,175
)
 
Cost of goods sold
 
(2,714
)
Total
 
$
(489
)
 
 
 
$
(537
)

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
 
$
105

Total
 
 
$
105