XML 43 R33.htm IDEA: XBRL DOCUMENT
v3.25.3

Derivative Instruments (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2025
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, net of tax on the Condensed Consolidated Statements of Operations for the three months ended September 30, 2025 and 2024 (in thousands):
Derivatives Designated as Cash Flow Hedges | Type of Instrument | Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives | Location of Gain or (Loss) Recognized in Income on Derivatives | Amount of Gain or (Loss) Reclassified from AOCL into Income
September 30, 2025 | Foreign exchange contracts | $ | 75 |  | Cost of products sold | $ | 60 |
September 30, 2025 | Interest rate swaps | 100 |  | Interest expense | 412 |
September 30, 2025 | Cross currency swaps | 806 |  | Foreign currency exchange (gain) loss | 630 |
September 30, 2024 | Foreign exchange contracts | 135 |  | Cost of products sold | (4) |
September 30, 2024 | Interest rate swap | (1,650) |  | Interest expense | 2,513 |
September 30, 2024 | Cross currency swaps | (1,871) |  | Foreign currency exchange (gain) loss | (2,433) |
The following is the effect of derivative instruments, net of tax on the Condensed Consolidated Statements of Operations for the six months ended September 30, 2025 and 2024 (in thousands):
Derivatives Designated as Cash Flow Hedges | Type of Instrument | Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives | Location of Gain or (Loss) Recognized in Income on Derivatives | Amount of Gain or (Loss) Reclassified from AOCL into Income |
September 30, 2025 | Foreign exchange contracts | $ | 208 |  | Cost of products sold | $ | 55 |  |
September 30, 2025 | Interest rate swaps | (904) |  | Interest expense | 825 |  |
September 30, 2025 | Cross currency swaps | (3,271) |  | Foreign currency exchange (gain) loss | (3,813) |  |
September 30, 2024 | Foreign exchange contracts | 97 |  | Cost of products sold | (47) |  |
September 30, 2024 | Interest rate swap | (228) |  | Interest expense | 4,985 |  |
September 30, 2024 | Cross currency swaps | (1,197) |  | Foreign currency exchange (gain) loss | (1,919) |  |
Schedule of Derivative Instruments Effect on Condensed Consolidated Balance Sheets | The following is information relative to the Company’s derivative instruments in the Condensed Consolidated Balance Sheets (in thousands):
|  |  | Fair Value of Asset (Liability)
Derivatives Designated as Hedging Instruments | Balance Sheet Location |  | September 30, 2025 |  | March 31, 2025
Foreign exchange contracts | Prepaid expenses and other |  | $ | 150 |  |  | $ | 139 |
Foreign exchange contracts | Accrued liabilities |  | (25) |  |  | (188) |
Interest rate swap | Prepaid expenses and other |  | 88 |  |  | 597 |
Interest rate swap | Other assets |  | — |  |  | 1 |
Interest rate swap | Accrued liabilities |  | (749) |  |  | (99) |
Interest rate swap | Other non current liabilities |  | (2,771) |  |  | (1,639) |
Cross currency swap | Accrued liabilities |  | (1,989) |  |  | (49) |
Cross currency swap | Other non current liabilities |  | (4,297) |  |  | (1,800) |

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 4CC -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 5: 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 + 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://www.xbrl.org/2003/role/exampleRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 182 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480401/815-10-55-182 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4A Reference 3: 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 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -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