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Derivative Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2024

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, 2024 and 2023

						Derivatives and Hedging Activities Designated as Cash Flow Hedges												Derivatives and Hedging Activities Designated as Net Investment Hedges												Derivatives and Hedging Activities Not Designated as Hedging Instruments
						March 31, 2024						March 31, 2023						March 31, 2024						March 31, 2023						March 31, 2024						March 31, 2023
Prepaid and other current assets:
Lead forward contracts						$	—					$	—					$	—					$	—					$	—					$	—
Foreign currency forward contracts						396						723						—						—						—						200
Other Assets:
Interest rate swaps						2,696						—						—						—						—						—
Total assets						$	3,092					$	723					$	—					$	—					$	—					$	200
Accrued expenses:
Lead forward contracts						$	835					$	89					$	—					$	—					$	—					$	—
Foreign currency forward contracts						—						—						—						—						391						—
Other liabilities:
Interest rate swaps						—						1,162						—						—						—						—
Net investment hedges						—						—						19,167						15,760						—						—
Total liabilities						$	835					$	1,251					$	19,167					$	15,760					$	391					$	—

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, 2024

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						$	(455)					Cost of goods sold						$	5,388
Foreign currency forward contracts						1,740						Cost of goods sold						612
Interest Rate Swaps						6,915						Interest expense						3,057
Total						$	8,200											$	9,057

Derivatives Designated as Net Investment 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)
Cross currency fixed interest rate swaps						$	(2,695)					Interest expense						$	713
Total						$	(2,695)											$	713

The Effect of Derivative Instruments on the Consolidated Statements of Income

For the fiscal year ended March 31, 2023

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						$	(3,883)					Cost of goods sold						$	(3,765)
Foreign currency forward contracts						1,849						Cost of goods sold						2,589
Interest rate swaps						(1,162)						Interest Expense						—
Total						$	(3,196)											$	(1,176)

Derivatives Designated as Net Investment 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)
Cross currency fixed interest rate swaps						$	29,021					Interest expense						$	3,587
Total						$	29,021											$	3,587

The Effect of Derivative Instruments on the Consolidated Statements of Income

For the fiscal year ended March 31, 2022

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						$	12,193					Cost of goods sold						$	8,974
Foreign currency forward contracts						941						Cost of goods sold						768
Total						$	13,134											$	9,742

Derivatives Designated as Net Investment 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)
Cross currency fixed interest rate swaps						$	1,479					Interest expense						$	1,181
Total						$	1,479											$	1,181

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						$	(846)
Total									$	(846)

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						$	1,182
Total									$	1,182

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						$	(157)
Total									$	(157)

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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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