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Derivative Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2021

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, 2021 and 2020

						Derivatives and Hedging Activities Designated as Cash Flow Hedges												Derivatives and Hedging Activities Not Designated as Hedging Instruments
						March 31, 2021						March 31, 2020						March 31, 2021						March 31, 2020
Prepaid and other current assets:
Foreign currency forward contracts						$	524					$	—					$	—					$	375
Total assets						$	524					$	—					$	—					$	375
Accrued expenses:
Lead forward contracts						$	1,980					$	2,433					$	—					$	—
Foreign currency forward contracts						—						374						100						—
Total liabilities						$	1,980					$	2,807					$	100					$	—

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, 2021

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						$	202					Cost of goods sold						$	(7,411)
Foreign currency forward contracts						130						Cost of goods sold						(492)
Total						$	332											$	(7,903)

The Effect of Derivative Instruments on the Consolidated Statements of Income

For the fiscal year ended March 31, 2020

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						$	(8,683)					Cost of goods sold						$	(1,690)
Foreign currency forward contracts						(54)						Cost of goods sold						539
Total						$	(8,737)											$	(1,151)

The Effect of Derivative Instruments on the Consolidated Statements of Income

For the fiscal year ended March 31, 2019

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						$	(12,531)					Cost of goods sold						$	(15,666)
Foreign currency forward contracts						1,551						Cost of goods sold						385
Total						$	(10,980)											$	(15,281)

Effect Of Derivative Instruments

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						$	430
Total									$	430

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						$	(178)
Total									$	(178)

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						$	(1,856)
Total									$	(1,856)

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Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period.

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Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

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