INTEREST AND OTHER EXPENSE, NET

12 Months Ended

Mar. 31, 2013

INTEREST AND OTHER EXPENSE, NET

INTEREST AND OTHER EXPENSE, NET

14. INTEREST AND OTHER EXPENSE, NET

        For the fiscal years ended March 31, 2013, 2012 and 2011, the Company recognized interest income of $20.0 million, $21.7 million and $14.0 million.

        For the fiscal years ended March 31, 2013, 2012 and 2011, the Company recognized interest expense of $68.9 million, $67.8 million and $88.7 million, respectively, on its debt obligations outstanding during the period.

        For the fiscal years ended March 31, 2013, 2012 and 2011, the Company recognized gains on foreign exchange transactions of $19.9 million, $39.7 million and $33.1 million, respectively.