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Fair Value of Financial Instruments (Tables)

3 Months Ended

Jul. 05, 2026

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 July 5, 2026 and March 31, 2026, and the basis for that measurement:

						Total Fair Value Measurement July 5, 2026						Quoted Price in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Lead forward contracts						$	(2,877)					$	—					$	(2,877)					$	—
Foreign currency forward contracts						386						—						386						—
Interest Rate Swaps						(12)						—						(12)						—
Net investment hedges						(68,380)						—						(68,380)						—
Total derivatives						$	(70,883)					$	—					$	(70,883)					$	—

						Total Fair Value Measurement March 31, 2026						Quoted Price in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)
Lead forward contracts						$	(3,521)					$	—					$	(3,521)					$	—
Foreign currency forward contracts						1,173						—						1,173						—
Interest Rate Swaps						(68)						—						(68)						—
Net investment hedges						(69,990)						—						(69,990)						—
Total derivatives						$	(72,406)					$	—					$	(72,406)					$	—

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 July 5, 2026 and March 31, 2026 were as follows:

						July 5, 2026												March 31, 2026
						Carrying Amount						Fair Value						Carrying Amount						Fair Value
Financial liabilities:
Senior Notes (1)						$	600,000					$	604,800					$	600,000					$	601,425
Derivatives (2)						$	70,883					$	70,883					$	72,406					$	72,406

(1)The fair value amount of the Senior Notes at July 5, 2026 and March 31, 2026 represent the trading value of the instruments.

(2)Represents lead, foreign currency forward contracts, interest rate swaps, and net investment hedges (see Note 6 for asset and liability positions of the lead, foreign currency forward contracts, interest rate swaps, and net investment hedges at July 5, 2026 and March 31, 2026).

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- Definition

Tabular disclosure of financial instrument measured at fair value on recurring or nonrecurring basis. Includes, but is not limited to, instrument classified in shareholders' equity.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
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Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 825
-SubTopic 10
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-Section 55
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-URI https://asc.fasb.org/1943274/2147482881/825-10-55-10

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