Derivative Instruments (Tables)

3 Months Ended

Jun. 30, 2019

Derivative Instruments, Gain (Loss) [Line Items]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The following is the effect of derivative instruments on the Condensed Consolidated Statements of Operations for the three months ended June 30, 2019 and 2018 (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
June 30, 2019	Foreign exchange contracts	$	—		Cost of products sold	$	1
June 30, 2019	Interest rate swaps	(1,413		)	Interest expense	247
June 30, 2019	Cross currency swaps	(1,001		)	Foreign currency exchange loss (gain)	(1,904		)
June 30, 2018	Foreign exchange contracts	(94		)	Cost of products sold	(98		)
June 30, 2018	Interest rate swap	875			Interest expense	118
June 30, 2018	Cross currency swaps	9,013			Foreign currency exchange loss (gain)	9,939

Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
June 30, 2019	Foreign currency exchange gain/loss	$	35
June 30, 2018	Foreign currency exchange gain/loss	34

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

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	June 30, 2019			March 31, 2019
Foreign exchange contracts	Prepaid expenses and other	$	50		$	43
Foreign exchange contracts	Accrued liabilities	(100		)	(96		)
Interest rate swap	Prepaid expenses and other	—			743
Interest rate swap	Other assets	—			470
Interest rate swap	Accrued liabilities	(184		)	—
Interest rate swap	Other non current liabilities	(788		)	—
Cross currency swap	Prepaid expenses and other	2,005			2,476
Cross currency swap	Accrued liabilities	(734		)	(774		)
Cross currency swap	Other non current liabilities	(16,315		)	(15,410		)
Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	June 30, 2019			March 31, 2019
Foreign exchange contracts	Prepaid expenses and other	$	30		$	—
Foreign exchange contracts	Accrued Liabilities	(12		)	(17		)