XML 42 R30.htm IDEA: XBRL DOCUMENT
v3.26.1

Derivative Financial Instruments (Tables) | 3 Months Ended
--- | ---
Jul. 05, 2026
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 5, 2026 and March 31, 2026
|  | 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
|  | July 5, 2026 |  | March 31, 2026 |  | July 5, 2026 |  | March 31, 2026 |  | July 5, 2026 |  | March 31, 2026
Prepaid and other current assets: |  |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts |  | 197 |  |  | 336 |  |  | — |  |  | — |  |  | 189 |  |  | 837 |
Total assets |  | $ | 197 |  |  | $ | 336 |  |  | $ | — |  |  | $ | — |  |  | $ | 189 |  |  | $ | 837 |
Accrued expenses: |  |  |  |  |  |  |  |  |  |  |  |
Lead forward contracts |  | $ | 2,877 |  |  | $ | 3,521 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Net investment hedges |  | — |  |  | — |  |  | 14,781 |  |  | 16,076 |  |  | — |  |  | — |
Other liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | 12 |  |  | 68 |  |  | — |  |  | — |  |  | — |  |  | — |
Net investment hedges |  | — |  |  | — |  |  | 53,599 |  |  | 53,914 |  |  | — |  |  | — |
Total liabilities |  | $ | 2,889 |  |  | $ | 3,589 |  |  | $ | 68,380 |  |  | $ | 69,990 |  |  | $ | — |  |  | $ | — |
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) | The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income For the quarter ended July 5, 2026
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 |  | $ | (556) |  |  | Cost of goods sold |  | $ | (2,574) |
Foreign currency forward contracts |  | 379 |  |  | Cost of goods sold |  | 410 |
Interest rate swaps |  | 11 |  |  | Interest expense |  | (45) |
Total |  | $ | (166) |  |  |  |  | $ | (2,209) |
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 |  | $ | 3,480 |  |  | Interest expense |  | $ | 1,870 |
Total |  | $ | 3,480 |  |  |  |  | $ | 1,870 |
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 |  | $ | 404 |
Total |  |  | $ | 404 |
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income For the quarter ended June 29, 2025
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 |  | $ | 1,489 |  |  | Cost of goods sold |  | $ | (1,264) |
Foreign currency forward contracts |  | (1,848) |  |  | Cost of goods sold |  | 224 |
Interest rate swaps |  | (374) |  |  | Interest expense |  | (297) |
Total |  | $ | (733) |  |  |  |  | $ | (1,337) |
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 |  | $ | (55,994) |  |  | Interest expense |  | $ | (1,173) |
Total |  | $ | (55,994) |  |  |  |  | $ | (1,173) |
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 |  | $ | 1,118 |
Total |  |  | $ | 1,118 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4E Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsEffectOnOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition 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. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration