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Fair Value Measurements (Tables)

3 Months Ended

Jun. 30, 2024

Fair Value Disclosures [Abstract]

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

At June 30, 2024 and 2023, and at March 31, 2024, 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:

						June 30, 2024
												Fair Value Hierarchy
(in thousands of dollars)						NAV						Level 1						Level 2						Level 3						Total
Assets
Money market funds						$	148					$	—					$	—					$	—					$	148
Trading securities associated with deferred compensation plans						—						12,111						—						—						12,111
Interest rate swap agreements						—						—						7,854						—						7,854
Foreign currency exchange contracts						—						—						3,129						—						3,129
Total financial assets measured and reported at fair value						$	148					$	12,111					$	10,983					$	—					$	23,242
Liabilities
Foreign currency exchange contracts						$	—					$	—					$	7,368					$	—					$	7,368
Total financial liabilities measured and reported at fair value						$	—					$	—					$	7,368					$	—					$	7,368

						June 30, 2023
												Fair Value Hierarchy
(in thousands of dollars)						NAV						Level 1						Level 2						Level 3						Total
Assets
Money market funds						$	566					$	—					$	—					$	—					$	566
Trading securities associated with deferred compensation plans						—						11,884						—						—						11,884
Interest rate swap agreements						—						—						5,810						—						5,810
Foreign currency exchange contracts						—						—						3,014						—						3,014
Total financial assets measured and reported at fair value						$	566					$	11,884					$	8,824					$	—					$	21,274
Liabilities
Foreign currency exchange contracts						$	—					$	—					$	4,515					$	—					$	4,515
Total financial liabilities measured and reported at fair value						$	—					$	—					$	4,515					$	—					$	4,515

						March 31, 2024
												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						—						12,409						—						—						12,409
Interest rate swap agreements						—						—						6,706						—						6,706
Foreign currency exchange contracts						—						—						322						—						322
Total financial assets measured and reported at fair value						$	145					$	12,409					$	7,028					$	—					$	19,582
Liabilities
Foreign currency exchange contracts						—						—						21						—						21
Total financial liabilities measured and reported at fair value						$	—					$	—					$	21					$	—					$	21

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 June 30, 2024, and 2023 and March 31, 2024:

(in millions of dollars)			June 30, 2024						June 30, 2023						March 31, 2024
Fair market value of long term obligations			$	619					$	620					$	618
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/2009/role/commonPracticeRef
-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

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-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

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