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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2017

Income Tax Disclosure [Abstract]

Schedule Of Components of Income Tax Expense

Income taxes for the fiscal years ended March 31, 2017, 2016, and 2015 consisted of the following: 

	Fiscal Year Ended March 31,
	2017				2016				2015
Current
United States	$	3,422			$	5,371			$	4,126
State and local	147				1,116				657
Foreign	36,537				32,897				46,885
	40,106				39,384				51,668
Deferred
United States	5,434				5,780				3,352
State and local	561				(445		)		159
Foreign	10,631				9,711				(17,173		)
	16,626				15,046				(13,662		)
Total	$	56,732			$	54,430			$	38,006

Schedule Of Effective Income Tax Rate Reconciliation

A reconciliation of the statutory U.S. federal rate to the Company’s effective income tax rate is as follows:

	Fiscal Year Ended March 31,
	2017			2016			2015
Statutory tax rate	35.0	%		35.0	%		35.0	%
State income taxes, net of federal benefit	0.3			0.3			0.3
Dividends received from deconsolidated operations	(2.3	)		(1.5	)		(1.3	)
Effect of exchange rate changes on deferred income taxes	0.4			(1.6	)		(4.9	)
Tax benefit arising from payment of a portion of a fine by a subsidiary	—			—			(5.0	)
Other, including changes in liabilities recorded for uncertain tax positions	0.1			(0.7	)		(0.1	)
Effective income tax rate	33.5	%		31.5	%		24.0	%

Schedule Of U.S. And Foreign Components Of Income Before Income Taxes And Other Items

The U.S. and foreign components of income before income taxes were as follows:

	Fiscal Year Ended March 31,
	2017				2016				2015
United States	$	31,468			$	37,877			$	27,181
Foreign	137,770				134,701				131,286
Total	$	169,238			$	172,578			$	158,467

Schedule Of Deferred Tax Assets and Liabilities

Significant components of deferred tax liabilities and assets were as follows:  

	March 31,
	2017				2016
Liabilities
Foreign withholding taxes	$	44,702			$	39,770
Undistributed earnings	24,629				19,553
Goodwill	30,851				30,851
All other	11,015				10,424
Total deferred tax liabilities	$	111,197			$	100,598
Assets
Employee benefit plans	$	38,804			$	43,362
Reserves and accruals	11,756				12,911
Deferred income	4,672				3,938
Currency translation losses of foreign subsidiaries	13,244				9,939
Local currency exchange losses of foreign subsidiaries	3,669				3,597
Foreign tax credit carryforward	2,799				4,664
All other	14,327				16,546
Total deferred tax assets	89,271				94,957
Valuation allowance	(636		)		—
Net deferred tax assets	$	88,635			$	94,957

Schedule Of Combined Income Tax Expense (Benefit) Allocable To Continuing Operations, Other Comprehensive Income, And Adjustments To Shareholders' Equity

The combined income tax expense (benefit) allocable to continuing operations, other comprehensive income, and direct adjustments to shareholders' equity was as follows:

	Fiscal Year Ended March 31,
	2017				2016				2015
Continuing operations	$	56,732			$	54,430			$	38,006
Other comprehensive income	1,503				1,423				(21,900		)
Direct adjustments to shareholders' equity	—				(805		)		(932		)
Total	$	58,235			$	55,048			$	15,174

Reconciliation Of The Gross Liability For Uncertain Tax Positions

A reconciliation of the beginning and ending balance of the gross liability for uncertain tax positions for the fiscal years ended March 31, 2017, 2016 and 2015, is as follows:

	Fiscal Year Ended March 31,
	2017				2016				2015
Liability for uncertain tax positions, beginning of year	$	2,407			$	2,894			$	3,809
Additions:
Related to tax positions for the current year	94				98				272
Related to tax positions for prior years	—				—				—
Reductions:
Due to lapses of statutes of limitations	(112		)		(215		)		(478		)
Related to tax positions for prior years	(3		)		—				(143		)
Effect of currency rate movement	40				(370		)		(566		)
Liability for uncertain tax positions, end of year	$	2,426			$	2,407			$	2,894

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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-Publisher FASB
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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure for tax positions taken in the tax returns filed or to be filed for which it is more likely than not that the tax position will not be sustained upon examination by taxing authorities and other income tax contingencies. Includes, but is not limited to, interest and penalties, reconciliation of unrecognized tax benefits, unrecognized tax benefits that would affect the effective tax rate, tax years that remain subject to examination by tax jurisdictions, and information about positions for which it is reasonably possible that amounts unrecognized will significantly change within 12 months.

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