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Fair Value of Financial Instruments
 3 Months Ended
Jun. 29, 2025
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments Fair Value of Financial Instruments
Recurring Fair Value Measurements

The following tables represent the financial assets and (liabilities) measured at fair value on a recurring basis as of June 29, 2025 and March 31, 2025, and the basis for that measurement:
 
Total Fair Value Measurement June 29, 2025Quoted Price in
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts$2,484 $— $2,484 $— 
Foreign currency forward contracts(746)— (746)— 
Interest Rate Swaps(73)— (73)— 
Net investment hedges(87,823)— (87,823)— 
Total derivatives$(86,158)$— $(86,158)$— 
 
Total Fair Value
Measurement
March 31, 2025
Quoted Price in
Active Markets
for Identical
Assets
(Level 1)		Significant
Other
Observable
Inputs
(Level 2)		Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts$(225)$— $(225)$— 
Foreign currency forward contracts$1,629 — 1,629 — 
Interest Rate Swaps$5 — 5 — 
Net investment hedges(33,002)— (33,002)— 
Total derivatives$(31,593)$— $(31,593)$— 

The fair values of lead forward contracts are calculated using observable prices for lead as quoted on the London Metal Exchange (“LME”) and, therefore, were classified as Level 2 within the fair value hierarchy, as described in Note 1- Summary of Significant Accounting Policies to the Company's Consolidated Financial Statements included in the 2025 Annual Report.

The fair values for foreign currency forward contracts and net investment hedges are based upon current quoted market prices and are classified as Level 2 based on the nature of the underlying market in which these derivatives are traded.

The fair value of interest rate swap agreements are based on observable prices as quoted for receiving the variable one-month term SOFR and paying fixed interest rates and, therefore, were classified as Level 2.

Financial Instruments

The fair values of the Company’s cash and cash equivalents approximate carrying value due to their short maturities.

The fair value of the Company’s short-term debt and borrowings under the Fourth Amended Credit Facility (as defined in Note 12), approximate their respective carrying value, as they are variable rate debt and the terms are comparable to market terms as of the balance sheet dates and are classified as Level 2.

The fair value of the Company's 2032 Notes and 2027 Notes (each as defined in Note 12 and collectively, the "Senior Notes"), represent the trading values based upon quoted market prices and are classified as Level 2. The 2032 Notes were trading at approximately 102% and 101% of face value on June 29, 2025 and March 31, 2025, respectively. The 2027 Notes were trading at approximately 98% and 96% of the face value on June 29, 2025 and March 31, 2025, respectively.

The carrying amounts and estimated fair values of the Company’s derivatives and Senior Notes at June 29, 2025 and March 31, 2025 were as follows:
 June 29, 2025March 31, 2025
 Carrying
Amount		Fair ValueCarrying
Amount		Fair Value
Financial liabilities:
 Senior Notes (2)
$600,000 $599,550 $600,000 $591,420 
Derivatives (1)
$86,158 $86,158 $(31,593)$(31,593)
(1)Represents lead, foreign currency forward contracts, interest rate swaps, and net investment hedges (see Note 7 for asset and liability positions of the lead, foreign currency forward contracts, interest rate swaps, and net investment hedges at June 29, 2025 and March 31, 2025).
(2)The fair value amount of the Senior Notes at June 29, 2025 and March 31, 2025 represent the trading value of the instruments.