| Financial Assets And Liabilities Measured At Fair Value On Recurring Basis |
At March 31, 2016 and 2015, 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, 2016 | | | Level 1 | | Level 2 | | Level 3 | | Total | Assets | | | | | | | | | Money market funds | | $ | — |
| | $ | 116,618 |
| | $ | — |
| | $ | 116,618 |
| Trading securities associated with deferred compensation plans | | 17,817 |
| | — |
| | — |
| | 17,817 |
| Forward foreign currency exchange contracts | | — |
| | 772 |
| | — |
| | 772 |
| Total financial assets measured and reported at fair value | | $ | 17,817 |
| | $ | 117,390 |
| | $ | — |
| | $ | 135,207 |
| | | | | | | | | | Liabilities | | | | | | | | | Guarantees of bank loans to tobacco growers | | $ | — |
| | $ | — |
| | $ | 1,628 |
| | $ | 1,628 |
| Interest rate swap agreements | | — |
| | 10,766 |
| | — |
| | 10,766 |
| Forward foreign currency exchange contracts | | — |
| | 5 |
| | — |
| | 5 |
| Total financial liabilities measured and reported at fair value | | $ | — |
| | $ | 10,771 |
| | $ | 1,628 |
| | $ | 12,399 |
| | | | | | | | | | | | | | | | | | | | | 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 |
|
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| 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, 2016 and 2015 is provided below. | | | | | | | | | | | | Fiscal Year Ended March 31, | | | 2016 | | 2015 | Balance at beginning of year | | $ | 1,674 |
| | $ | 2,270 |
| Payments under the guarantees and transfers to allowance for loss on direct loans to farmers (removal of prior crop year loans from the portfolio) | | (1,826 | ) | | (2,392 | ) | Provision for loss or transfers from allowance for loss on direct loans to farmers (addition of current crop year loans) | | 1,834 |
| | 2,320 |
| Change in discount rate and estimated collection period | | 106 |
| | 130 |
| Currency remeasurement | | (160 | ) | | (654 | ) | Balance at end of year | | $ | 1,628 |
| | $ | 1,674 |
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