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Stockholders’ Equity (Tables) | 12 Months Ended
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Mar. 31, 2025
Equity [Abstract] |
Change in Number of Shares of Common Stock Outstanding | The following demonstrates the change in the number of shares of common stock outstanding during fiscal years ended March 31, 2023, 2024 and 2025, respectively:
Shares outstanding as of March 31, 2022 | 40,986,658 |
Purchase of treasury stock | (358,365) |
Shares issued towards equity-based compensation plans, net of equity awards surrendered for option price and taxes | 272,766 |
Shares outstanding as of March 31, 2023 | 40,901,059 |
Purchase of treasury stock | (1,002,415) |
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes | 373,292 |
Shares outstanding as of March 31, 2024 | 40,271,936 |
Purchase of treasury stock | (1,568,292) |
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes | 488,417 |
Shares outstanding as of March 31, 2025 | 39,192,061 |
Components Of Accumulated Other Comprehensive Income | The components of AOCI, net of tax, are as follows:
|  | Beginning Balance |  | Before Reclassifications |  | Amount Reclassified from AOCI |  | Ending Balance
March 31, 2025 |  |  |  |  |  |  |  |
Pension funded status adjustment |  | $ | (9,798) |  |  | $ | 132 |  |  | $ | (708) |  |  | $ | (10,374) |
Net unrealized gain (loss) on derivative instruments |  | 755 |  |  | (2,339) |  |  | 1,315 |  |  | (269) |
Foreign currency translation adjustment (1) |  | (195,808) |  |  | (41,028) |  |  | — |  |  | (236,836) |
Accumulated other comprehensive loss |  | $ | (204,851) |  |  | $ | (43,235) |  |  | $ | 607 |  |  | $ | (247,479) |
March 31, 2024 |  |  |  |  |  |  |  |
Pension funded status adjustment |  | $ | (4,423) |  |  | $ | (5,672) |  |  | $ | 297 |  |  | $ | (9,798) |
Net unrealized gain (loss) on derivative instruments |  | 1,411 |  |  | 6,283 |  |  | (6,939) |  |  | 755 |
Foreign currency translation adjustment (1) |  | (180,462) |  |  | (15,346) |  |  | — |  |  | (195,808) |
Accumulated other comprehensive loss |  | $ | (183,474) |  |  | $ | (14,735) |  |  | $ | (6,642) |  |  | $ | (204,851) |
March 31, 2023 |  |  |  |  |  |  |  |
Pension funded status adjustment |  | $ | (12,637) |  |  | $ | 7,872 |  |  | $ | 342 |  |  | $ | (4,423) |
Net unrealized gain (loss) on derivative instruments |  | 2,963 |  |  | (2,453) |  |  | 901 |  |  | 1,411 |
Foreign currency translation adjustment (1) |  | (133,821) |  |  | (46,641) |  |  | — |  |  | (180,462) |
Accumulated other comprehensive loss |  | $ | (143,495) |  |  | $ | (41,222) |  |  | $ | 1,243 |  |  | $ | (183,474) |
(1) Foreign currency translation adjustment for the fiscal year ended March 31, 2025, March 31, 2024, March 31, 2023 and includes a $10,600 gain (net of taxes of $3,235), $2,615 loss (net of taxes of $797) and 19,491 gain (net of taxes 4,557), respectively, related to the Company's cross-currency fixed interest rate swap contracts.
Reclassification out of Accumulated Other Comprehensive Income | The following table presents reclassifications from AOCI during the twelve months ended March 31, 2025:
Components of AOCI |  | Amounts Reclassified from AOCI |  | Location of (Gain) Loss Recognized on Income Statement
Derivatives in Cash Flow Hedging Relationships: |  |  |  |
Net unrealized loss on derivative instruments |  | $ | 1,717 |  |  | Cost of goods sold
Tax benefit |  | (402) |  |  |
Net unrealized loss on derivative instruments, net of tax |  | $ | 1,315 |  |  |
Derivatives in net investment hedging relationships: |  |  |  |
Net unrealized gain on derivative instruments |  | $ | (4,413) |  |  | Interest expense
Tax expense |  | 1,032 |  |  |
Net unrealized gain on derivative instruments, net of tax |  | $ | (3,381) |  |  |
Defined benefit pension costs: |  |  |  |
Prior service costs, deferrals, and settlements |  | $ | (1,027) |  |  | Net periodic benefit cost, included in other (income) expense, net - See Note 16
Tax expense |  | 319 |  |  |
Net periodic benefit cost, net of tax |  | $ | (708) |  |  |
The following table presents reclassifications from AOCI during the twelve months ended March 31, 2024:
Components of AOCI |  | Amounts Reclassified from AOCI |  | Location of (Gain) Loss Recognized on Income Statement
Derivatives in Cash Flow Hedging Relationships: |  |  |  |
Net unrealized gain on derivative instruments |  | $ | (9,057) |  |  | Cost of goods sold
Tax benefit |  | 2,118 |  |  |
Net unrealized gain on derivative instruments, net of tax |  | $ | (6,939) |  |  |
Derivatives in net investment hedging relationships: |  |  |  |
Net unrealized gain on derivative instruments |  | $ | (713) |  |  | Interest expense
Tax expense |  | 167 |  |  |
Net unrealized gain on derivative instruments, net of tax |  | $ | (546) |  |  |
Defined benefit pension costs: |  |  |  |
Prior service costs and deferrals |  | $ | 326 |  |  | Net periodic benefit cost, included in other (income) expense, net - See Note 16
Tax benefit |  | (29) |  |  |
Net periodic benefit cost, net of tax |  | $ | 297 |  |  |
The following table presents reclassifications from AOCI during the twelve months ended March 31, 2023:
Components of AOCI |  | Amounts Reclassified from AOCI |  | Location of (Gain) Loss Recognized on Income Statement
Derivatives in Cash Flow Hedging Relationships: |  |  |  |
Net unrealized loss on derivative instruments |  | $ | 1,176 |  |  | Cost of goods sold
Tax benefit |  | (275) |  |  |
Net unrealized loss on derivative instruments, net of tax |  | $ | 901 |  |  |
Derivatives in net investment hedging relationships: |  |  |  |
Net unrealized gain on derivative instruments |  | $ | (3,587) |  |  | Interest expense
Tax expense |  | 839 |  |  |
Net unrealized gain on derivative instruments, net of tax |  | $ | (2,748) |  |  |
Defined benefit pension costs: |  |  |  |
Prior service costs and deferrals |  | $ | 478 |  |  | Net periodic benefit cost, included in other (income) expense, net - See Note 16
Tax benefit |  | (136) |  |  |
Net periodic benefit cost, net of tax |  | $ | 342 |  |  |

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