XML 50 R36.htm IDEA: XBRL DOCUMENT v3.7.0.1
FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedges, Assets [Abstract]  
Summary of aggregate notional amount of the Company's outstanding foreign currency forward and swap contracts
As of March 31, 2017, the aggregate notional amount of the Company's outstanding foreign currency forward and swap contracts was $4.1 billion as summarized below:
 
Foreign Currency
Amount
 
Notional Contract
Value in USD
Currency
Buy
 
Sell
 
Buy
 
Sell
 
(In thousands)
Cash Flow Hedges
 
 
 
 
 
 
 
CNY
1,309,000

 

 
$
189,974

 
$

EUR
27,830

 
64,132

 
29,915

 
71,796

HUF
13,800,000

 

 
47,935

 

ILS
70,481

 

 
19,438

 

INR
1,389,587

 

 
20,300

 

MXN
2,133,500

 

 
113,198

 

MYR
167,000

 
11,300

 
37,791

 
2,557

RON
114,780

 

 
27,083

 

Other
N/A

 
N/A

 
32,735

 
8,915

 
 
 
 
 
518,369

 
83,268

Other Forward/Swap Contracts
 
 
 
 
 
 
 
BRL

 
543,000

 

 
174,078

CHF
9,446

 
33,920

 
9,472

 
34,015

CNY
1,877,296

 

 
271,571

 

DKK
179,400

 
157,200

 
25,917

 
22,710

EUR
909,291

 
1,058,540

 
976,028

 
1,136,862

GBP
36,129

 
65,154

 
44,835

 
80,808

HUF
18,026,924

 
15,105,152

 
62,617

 
52,468

ILS
105,100

 
91,660

 
28,985

 
25,279

INR
5,200,000

 
19,528

 
80,160

 
300

MXN
2,166,702

 
686,447

 
114,930

 
36,421

MYR
331,628

 
44,500

 
75,046

 
10,070

PLN
118,139

 
62,613

 
30,044

 
15,923

RON
73,252

 
61,526

 
17,284

 
14,517

SEK
159,766

 
190,198

 
17,929

 
21,402

SGD
42,147

 
3,019

 
30,206

 
2,164

Other
N/A

 
N/A

 
30,361

 
39,390

 
 
 
 
 
1,815,385

 
1,666,407

Total Notional Contract Value in USD
 
 
 
 
$
2,333,754

 
$
1,749,675

Schedule of fair value of the derivative instruments utilized for foreign currency risk management purposes
The following table presents the fair value of the Company's derivative instruments utilized for foreign currency risk management purposes at March 31, 2017 and 2016:
 
Fair Values of Derivative Instruments
 
Asset Derivatives
 
Liability Derivatives
 
 
 
Fair Value
 
 
 
Fair Value
 
Balance Sheet
Location
 
March 31,
2017
 
March 31,
2016
 
Balance Sheet
Location
 
March 31,
2017
 
March 31,
2016
 
(In thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
11,936

 
$
5,510

 
Other current liabilities
 
$
1,814

 
$
2,446

Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Foreign currency contracts
Other current assets
 
$
10,086

 
$
17,138

 
Other current liabilities
 
$
9,928

 
$
18,645