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Fair Value Measurements (Tables)

9 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Financial Assets And Liabilities Measured At Fair Value On Recurring Basis [Table Text Block]

At December 31, 2023 and 2022, and at March 31, 2023, the Company had certain financial assets and financial liabilities that were required to be measured and reported at fair value on a recurring basis. These assets and liabilities are listed in the tables below and are classified based on how their values were determined under the fair value hierarchy or the NAV practical expedient:

						December 31, 2023
												Fair Value Hierarchy
(in thousands of dollars)						NAV						Level 1						Level 2						Level 3						Total
Assets
Money market funds						$	145					$	—					$	—					$	—					$	145
Trading securities associated with deferred compensation plans						—						11,880						—						—						11,880
Interest rate swap agreements						—						—						633						—						633
Foreign currency exchange contracts						—						—						183						—						183
Total financial assets measured and reported at fair value						$	145					$	11,880					$	816					$	—					$	12,841
Liabilities
Foreign currency exchange contracts						$	—					$	—					$	1,377					$	—					$	1,377
Total financial liabilities measured and reported at fair value						$	—					$	—					$	1,377					$	—					$	1,377

						December 31, 2022
												Fair Value Hierarchy
(in thousands of dollars)						NAV						Level 1						Level 2						Level 3						Total
Assets
Money market funds						$	334					$	—					$	—					$	—					$	334
Trading securities associated with deferred compensation plans						—						11,257						—						—						11,257
Interest rate swap agreements						—						—						3,179						—						3,179
Foreign currency exchange contracts						—						—						4,541						—						4,541
Total financial assets measured and reported at fair value						$	334					$	11,257					$	7,720					$	—					$	19,311
Liabilities
Foreign currency exchange contracts						$	—					$	—					$	1,195					$	—					$	1,195
Total financial liabilities measured and reported at fair value						$	—					$	—					$	1,195					$	—					$	1,195

						March 31, 2023
												Fair Value Hierarchy
(in thousands of dollars)						NAV						Level 1						Level 2						Level 3						Total
Assets
Money market funds						$	400					$	—					$	—					$	—					$	400
Trading securities associated with deferred compensation plans						—						11,698						—						—						11,698
Foreign currency exchange contracts						—						—						8,422						—						8,422
Total financial assets measured and reported at fair value						$	400					$	11,698					$	8,422					$	—					$	20,520
Liabilities
Interest rate swap agreements						$	—					$	—					$	3,077					$	—					$	3,077
Foreign currency exchange contracts						—						—						1,325						—						1,325
Total financial liabilities measured and reported at fair value						$	—					$	—					$	4,402					$	—					$	4,402

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The following table summarizes the fair and carrying value of the Company’s long-term debt, and if applicable any current portion, at each of the balance sheet dates December 31, 2023, and 2022 and March 31, 2023:

(in millions of dollars)			December 31, 2023						December 31, 2022						March 31, 2023
Fair market value of long term obligations			$	617					$	615					$	621
Carrying value of long term obligations			$	620					$	620					$	620

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- References

No definition available.

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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