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Fair Value of Financial Instruments (Tables)
6 Months Ended
Sep. 28, 2025
Fair Value Disclosures [Abstract]  
Financial Assets and (Liabilities), Measured at Fair Value on a Recurring Basis
The following tables represent the financial assets and (liabilities) measured at fair value on a recurring basis as of September 28, 2025 and March 31, 2025, and the basis for that measurement:
 
Total Fair Value Measurement September 28, 2025Quoted Price in
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Lead forward contracts$(855)$— $(855)$— 
Foreign currency forward contracts183 — 183 — 
Interest Rate Swaps(208)— (208)— 
Net investment hedges(84,432)— (84,432)— 
Total derivatives$(85,312)$— $(85,312)$— 
 
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 contracts1,629 — 1,629 — 
Interest Rate Swaps— — 
Net investment hedges(33,002)— (33,002)— 
Total derivatives$(31,593)$— $(31,593)$— 
Carrying Amounts and Estimated Fair Values of Company's Financial Instruments
The carrying amounts and estimated fair values of the Company’s derivatives and Senior Notes at September 28, 2025 and March 31, 2025 were as follows:
 September 28, 2025March 31, 2025
 Carrying
Amount
Fair ValueCarrying
Amount
Fair Value
Financial liabilities:
 Senior Notes (2)
$600,000 $603,900 $600,000 $591,420 
Derivatives (1)
$85,312 $85,312 $(31,593)$(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 September 28, 2025 and March 31, 2025).
(2)The fair value amount of the Senior Notes at September 28, 2025 and March 31, 2025 represent the trading value of the instruments.