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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Mar. 31, 2015
FINANCIAL INSTRUMENTS  
Summary of aggregate notional amount of the Company's outstanding foreign currency forward and swap contracts

 

 

 

Foreign Currency
Amount

 

Notional Contract
Value in USD

 

Currency

 

Buy

 

Sell

 

Buy

 

Sell

 

 

 

(In thousands)

 

Cash Flow Hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

CNY

 

 

2,038,000 

 

 

 

$

327,916 

 

$

 

HUF

 

 

16,064,000 

 

 

 

 

58,340 

 

 

 

ILS

 

 

110,200 

 

 

 

 

27,786 

 

 

 

MXN

 

 

1,706,500 

 

 

275,000 

 

 

112,366 

 

 

18,108 

 

MYR

 

 

285,000 

 

 

33,000 

 

 

77,341 

 

 

8,955 

 

SGD

 

 

27,700 

 

 

 

 

20,234 

 

 

 

RON

 

 

88,300 

 

 

 

 

21,768 

 

 

 

Other

 

 

N/A

 

 

N/A

 

 

47,774 

 

 

7,837 

 

​  

​  

​  

​  

 

 

 

 

 

 

 

 

 

693,525 

 

 

34,900 

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

 

 

 

 

BRL

 

 

 

 

534,000 

 

 

 

 

165,330 

 

CAD

 

 

168,467 

 

 

165,795 

 

 

134,286 

 

 

131,992 

 

CNY

 

 

760,113 

 

 

 

 

120,710 

 

 

 

EUR

 

 

553,629 

 

 

758,846 

 

 

606,019 

 

 

831,531 

 

GBP

 

 

32,794 

 

 

61,161 

 

 

48,840 

 

 

91,283 

 

MXN

 

 

1,306,400 

 

 

793,212 

 

 

86,021 

 

 

52,228 

 

MYR

 

 

237,837 

 

 

39,200 

 

 

64,542 

 

 

10,638 

 

SEK

 

 

411,292 

 

 

707,248 

 

 

48,065 

 

 

83,294 

 

Other

 

 

N/A

 

 

N/A

 

 

219,114 

 

 

178,321 

 

​  

​  

​  

​  

 

 

 

 

 

 

 

 

 

1,327,597 

 

 

1,544,617 

 

​  

​  

​  

​  

Total Notional Contract Value in USD

 

 

 

 

 

 

 

$

2,021,122 

 

$

1,579,517 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of fair value of the derivative instruments utilized for foreign currency risk management purposes

 

 

 

Fair Values of Derivative Instruments

 

 

 

Asset Derivatives

 

Liability Derivatives

 

 

 

 

 

Fair Value

 

 

 

Fair Value

 

 

 

Balance Sheet
Location

 

March 31,
2015

 

March 31,
2014

 

Balance Sheet
Location

 

March 31,
2015

 

March 31,
2014

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

2,896 

 

$

3,464 

 

Other current liabilities

 

$

19,729 

 

$

10,457 

 

Derivatives not designated as hedging instruments

 

 

 

 


 

 

 


 

 

 

 

 


 

 

 


 

 

Foreign currency contracts

 

Other current assets

 

$

22,933 

 

$

4,722 

 

Other current liabilities

 

$

11,328 

 

$

6,949