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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis
At March 31, 2015 and 2014, 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:
 
 
March 31, 2015
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
Money market funds
 
$

 
$
86,552

 
$

 
$
86,552

Trading securities associated with deferred compensation plans
 
20,692

 

 

 
20,692

Forward foreign currency exchange contracts
 

 
5,254

 

 
5,254

Total financial assets measured and reported at fair value
 
$
20,692

 
$
91,806

 
$

 
$
112,498

 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Guarantees of bank loans to tobacco growers
 
$

 
$

 
$
1,695

 
$
1,695

Interest rate swap agreements
 

 
3,050

 

 
3,050

Forward foreign currency exchange contracts
 

 
579

 

 
579

Total financial liabilities measured and reported at fair value
 
$

 
$
3,629

 
$
1,695

 
$
5,324

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
March 31, 2014
 
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
 
Money market funds
 
$

 
$
1,527

 
$

 
$
1,527

Trading securities associated with deferred compensation plans
 
19,754

 

 

 
19,754

Forward foreign currency exchange contracts
 

 
2,074

 

 
2,074

 Total financial assets measured and reported at fair value
 
$
19,754

 
$
3,601

 
$

 
$
23,355

 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
Guarantees of bank loans to tobacco growers
 
$

 
$

 
$
2,270

 
$
2,270

Interest rate swap agreements
 

 
936

 

 
936

Forward foreign currency exchange contracts
 

 
3,973

 

 
3,973

 Total financial liabilities measured and reported at fair value
 
$

 
$
4,909

 
$
2,270

 
$
7,179

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
A reconciliation of the change in the balance of the financial liability for guarantees of bank loans to tobacco growers (Level 3) for the fiscal years ended March 31, 2015 and 2014 is provided below.
 
 
Fiscal Year Ended March 31,
 
 
2015
 
2014
Balance at beginning of year
 
$
2,270

 
$
4,235

Payments under the guarantees and transfers to allowance for loss on direct loans to farmers (removal of prior crop year loans from the portfolio)
 
(2,392
)
 
(7,463
)
Provision for loss or transfers from allowance for loss on direct loans to farmers (addition of current crop year loans)
 
2,320

 
5,566

Change in discount rate and estimated collection period
 
130

 
130

Currency remeasurement
 
(654
)
 
(198
)
Balance at end of year
 
$
1,674

 
$
2,270