XML 83 R44.htm IDEA: XBRL DOCUMENT
v3.24.1.1.u2

Derivative Instruments (Tables) | 12 Months Ended
--- | ---
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments Effect on Condensed Consolidated Statements of Operations | The following is the effect of derivative instruments on the Consolidated Statements of Operation for the years ended March 31, 2024, 2023, and 2022 (in thousands):
Derivatives Designated as Cash Flow Hedges |  | Type of Instrument | Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion) |  | Location of Gain or (Loss) Recognized in Income on Derivatives |  | Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
March 31, |  |  |  |  |  |  |
2024 |  | Foreign exchange contracts | $ | (168) |  |  | Cost of products sold |  | $ | (29) |
2024 |  | Interest rate swap | $ | 7,145 |  |  | Interest expense |  | $ | 9,739 |
2024 |  | Cross currency swap | $ | (70) |  |  | Foreign currency exchange loss (gain) |  | $ | 502 |
2023 |  | Foreign exchange contracts | $ | 57 |  |  | Cost of products sold |  | $ | (201) |
2023 |  | Interest rate swap | $ | 7,295 |  |  | Interest expense |  | $ | 2,368 |
2023 |  | Cross currency swap | $ | 5,033 |  |  | Foreign currency exchange loss (gain) |  | $ | 2,332 |
2022 |  | Foreign exchange contracts | $ | (193) |  |  | Cost of products sold |  | $ | (60) |
2022 |  | Interest rate swap | $ | 2,567 |  |  | Interest expense |  | $ | (2,020) |
2022 |  | Cross currency swap | $ | 3,548 |  |  | Foreign currency exchange loss (gain) |  | $ | 7,925 |
Schedule of Derivative Instruments | The following is information relative to the Company’s derivative instruments in the Consolidated Balance Sheets as of March 31, 2024 and 2023 (in thousands):
|  |  |  |  | Fair Value of Asset (Liability) March 31,
Derivatives Designated as Hedging Instruments |  | Balance Sheet Location |  |  | 2024 |  | 2023
Foreign exchange contracts |  | Prepaid expenses and other |  |  | $ | 56 |  |  | $ | — |
Foreign exchange contracts |  | Other Assets |  |  | — |  |  | 136 |
Foreign exchange contracts |  | Accrued Liabilities |  |  | (133) |  |  | (39) |
Interest rate swap |  | Prepaid expenses and other |  |  | 7,503 |  |  | 7,644 |
Interest rate swap |  | Other Assets |  |  | — |  |  | 3,218 |
Interest rate swap |  | Accrued Liabilities |  |  | — |  |  | (387) |
Interest rate swap |  | Other non current liabilities |  |  | (381) |  |  | — |
Cross currency swap |  | Prepaid expenses and other |  |  | 199 |  |  | 168 |
Cross currency swap |  | Other non current liabilities |  |  | (2,541) |  |  | (2,270) |

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 location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration