Income Taxes (Tables)

12 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of components of income (loss) before income taxes and minority interest, and the (benefit) provision for income taxes

The components of income (loss) before income taxes and minority interest, and the (benefit) provision for income taxes are as follows:

	Fiscal Year Ended
	March 31, 2013			March 31, 2012			March 31, 2011
	(In thousands)
Income (loss) before income taxes and minority interest:
U.S.	$	(131,563	)	$	(30,726	)	$	(3,692	)
Foreign	8,387			31,477			24,008
	$	(123,176	)	$	751		$	20,316
Income tax (benefit) provision:
Current
U.S.	$	440		$	(825	)	$	(268	)
Foreign	6,297			23,535			5,155
	$	6,737		$	22,710		$	4,887
Deferred
U.S.	$	87,468		$	(9,809	)	$	(1,311	)
Foreign	5,710			(68,104		)	(10,072		)
	93,178			(77,913		)	(11,383		)
Total (benefit) provision	$	99,915		$	(55,203	)	$	(6,496	)

Schedule of major differences between the federal statutory rate and the effective tax rate

Major differences between the federal statutory rate and the effective tax rate are as follows:

	Fiscal Year Ended
	March 31, 2013		March 31, 2012		March 31, 2011
Federal statutory rate	35.0	%	35.0	%	35.0	%
Dividend income	—		(0.2	)	0.4
Withholding tax	(2.2	)	—		—
Change in tax rate	0.2		(6.7	)	(4.2	)
Change in uncertain tax positions	2.4		(312.1	)	(15.2	)
Local tax provision	(1.4	)	527.0		9.3
Change in valuation allowances	(123.3	)	(8,109.8	)	(2.1	)
Revaluation of warrants	—		(3.2	)	(0.4	)
Rate differences on foreign subsidiaries	10.5		(1,795.2	)	(59.1	)
Executive compensation	—		72.2		2.8
Thin cap disallowance	(0.7	)	84.1		—
Spain tax settlement	—		1,787.0		—
Sub part F income	—		28.0		1.0
Other, net	(1.6	)	343.3		0.5
Effective tax rate	(81.1	)%	(7,350.6	)%	(32.0	)%

Summary of significant components of deferred tax assets and liabilities, and classification in the consolidated balance sheet

The following is a summary of the significant components of the Company’s deferred tax assets and liabilities:

	March 31, 2013			March 31, 2012
Deferred tax assets:	(In thousands)
Operating loss and tax credit carry-forwards	$	289,895		$	259,657
Compensation reserves	66,709			64,628
Environmental reserves	9,235			9,446
Sales Returns	8,281			8,753
Other	11,837			26,069
Valuation allowance	(242,735		)	(103,539		)
	$	143,222		$	265,014
Deferred tax liabilities:
Property, plant and equipment	$	(11,151	)	$	(32,022	)
Foreign exchange	(76		)	(4,880		)
Intangible assets	(38,552		)	(39,865		)
	(49,779		)	(76,767		)
Net deferred tax assets	$	93,443		$	188,247

The net deferred income tax asset is classified in the consolidated balance sheet as follows:

	March 31, 2013			March 31, 2012
	(In thousands)
Current asset	$	11,470		$	30,804
Current liability	(8,721		)	—
Noncurrent asset	107,865			174,601
Noncurrent liability	(17,171		)	(17,158		)
	$	93,443		$	188,247

Reconciliation of the beginning and ending amount of unrecognized tax benefit

A reconciliation of the beginning and ending amount of unrecognized tax benefit is as follows:

	March 31, 2013			March 31, 2012
	(In thousands)
Beginning of year	$	41,523		$	51,523
Increases for tax positions taken during current period	—			2,345
Decreases for currency fluctuation on tax positions	(849		)	(3,037		)
Decreases for settlements with taxing authorities	(4,083		)	(3,197		)
Decreases for lapse of the applicable statute of limitations	(1,629		)	(6,111		)
End of year	$	34,962		$	41,523