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Fair Value of Financial Instruments (Tables)
9 Months Ended
Dec. 31, 2019
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 December 29, 2019 and March 31, 2019, and the basis for that measurement:
 
 
 
Total Fair Value Measurement December 29, 2019
 
Quoted Price in
Active  Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts
 
$
(3,729
)
 
$

 
$
(3,729
)
 
$

Foreign currency forward contracts
 
(219
)
 

 
(219
)
 

Total derivatives
 
$
(3,948
)
 
$

 
$
(3,948
)
 
$

 
 
 
Total Fair Value
Measurement
March 31, 2019
 
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts
 
$
(902
)
 
$

 
$
(902
)
 
$

Foreign currency forward contracts
 
(249
)
 

 
(249
)
 

Total derivatives
 
$
(1,151
)
 
$

 
$
(1,151
)
 
$


Carrying Amounts And Estimated Fair Values Of Company's Financial Instruments
The carrying amounts and estimated fair values of the Company’s derivatives and Senior Notes at December 29, 2019 and March 31, 2019 were as follows:
 
 
December 29, 2019
 
March 31, 2019
 
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Financial assets:
 
 
 
 
 
 
 
 
Derivatives (1)
 
$

 
$

 
$

 
$

Financial liabilities:
 
 
 
 
 
 
 
 
 Senior Notes (2)
 
$
600,000

 
$
606,000

 
$
300,000

 
$
297,000

Derivatives (1)
 
3,948

 
3,948

 
1,151

 
1,151


(1)
Represents lead and foreign currency forward contracts (see Note 7 for asset and liability positions of the lead and foreign currency forward contracts at December 29, 2019 and March 31, 2019).
(2)
The fair value amount of the Senior Notes at December 29, 2019 and March 31, 2019 represent the trading value of the instruments.