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Derivative Financial Instruments (Tables)

9 Months Ended

Jan. 03, 2021

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

January 3, 2021 and March 31, 2020

						Derivatives and Hedging Activities Designated as Cash Flow Hedges												Derivatives and Hedging Activities Not Designated as Hedging Instruments
						January 3, 2021						March 31, 2020						January 3, 2021						March 31, 2020
Prepaid and other current assets:
Lead forward contracts						$	1,008					$	—					$	—					$	—
Foreign currency forward contracts						—						—						176						375
Total assets						$	1,008					$	—					$	176					$	375
Accrued expenses:
Lead forward contracts						$	—					$	2,433					$	—					$	—
Foreign currency forward contracts						400						374						—						—
Total liabilities						$	400					$	2,807					$	—					$	—

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 January 3, 2021

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						$	4,843					Cost of goods sold						$	998
Foreign currency forward contracts						(618)						Cost of goods sold						(336)
Total						$	4,225											$	662

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						$	220
Total									$	220

The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income

For the quarter ended December 29, 2019

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						$	(3,199)					Cost of goods sold						$	1,034
Foreign currency forward contracts						305						Cost of goods sold						536
Total						$	(2,894)											$	1,570

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						$	179
Total									$	179

The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income

For the nine months ended January 3, 2021

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						$	1,350					Cost of goods sold						$	(7,655)
Foreign currency forward contracts						(811)						Cost of goods sold						(362)
Total						$	539											$	(8,017)

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						$	592
Total									$	592

The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income

For the nine months ended December 29, 2019

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						$	(4,167)					Cost of goods sold						$	(1,698)
Foreign currency forward contracts						470						Cost of goods sold						816
Total						$	(3,697)											$	(882)

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						$	(517)
Total									$	(517)

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Schedule of Derivative Instruments Effect on Other Comprehensive Income Loss and Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) Reclassified to Earnings [Table Text Block]

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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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