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Derivative Financial Instruments (Tables)
3 Months Ended
Jul. 04, 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
July 4, 2021 and March 31, 2021
 
 Derivatives and Hedging Activities Designated as Cash Flow HedgesDerivatives and Hedging Activities Not Designated as Hedging Instruments
 July 4, 2021March 31, 2021July 4, 2021March 31, 2021
Prepaid and other current assets:
Lead forward contracts$3,781 $— $— $— 
Foreign currency forward contracts271 524 — — 
Total assets$4,052 $524 $— $— 
Accrued expenses:
Lead forward contracts$— $1,980 $— $— 
Foreign currency forward contracts— — 91 100 
Total liabilities$— $1,980 $91 $100 
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 July 4, 2021
Derivatives Designated as Cash Flow HedgesPretax 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$7,572 Cost of goods sold$2,459 
Foreign currency forward contracts(189)Cost of goods sold(160)
Total$7,383 $2,299 
Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$(6)
Total$(6)


The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended July 5, 2020
Derivatives Designated as Cash Flow HedgesPretax 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$(1,274)Cost of goods sold$(3,799)
Foreign currency forward contracts261 Cost of goods sold(283)
Total$(1,013)$(4,082)
Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$262 
Total$262