Derivative Instruments (Tables)

3 Months Ended

Jun. 30, 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 Condensed Consolidated Statements of Operations for the three months ended June 30, 2024 and 2023 (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, 2024	Foreign exchange contracts	$	(38)	Cost of products sold	$	(43)
June 30, 2024	Interest rate swaps	1,422		Interest expense	2,472
June 30, 2024	Cross currency swaps	674		Foreign currency exchange (gain) loss	514
June 30, 2023	Foreign exchange contracts	(158)		Cost of products sold	(19)
June 30, 2023	Interest rate swap	3,291		Interest expense	2,243
June 30, 2023	Cross currency swaps	(841)		Foreign currency exchange (gain) loss	(473)

Schedule of Derivative Instruments

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, 2024		March 31, 2024
Foreign exchange contracts	Prepaid expenses and other	$	44	$	56
Foreign exchange contracts	Accrued liabilities	(186)		(133)
Interest rate swap	Prepaid expenses and other	5,801		7,503
Interest rate swap	Other non current liabilities	(82)		(381)
Cross currency swap	Prepaid expenses and other	304		199
Cross currency swap	Other non current liabilities	(1,763)		(2,541)