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FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Dec. 31, 2014
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

 

2,846,000 

 

 

$

457,372 

 

$

 

HUF

 

23,490,000 

 

 

90,807 

 

 

MXN

 

1,938,100 

 

 

131,212 

 

 

MYR

 

344,000 

 

 

98,370 

 

 

Other

 

N/A

 

N/A

 

128,625 

 

8,530 

 

 

 

 

 

 

 

906,386 

 

8,530 

 

Other Forward/Swap Contracts

 

 

 

 

 

 

 

 

 

BRL

 

 

387,000 

 

 

143,063 

 

CAD

 

135,658 

 

127,418 

 

117,920 

 

110,280 

 

CNY

 

5,859,756 

 

4,407,044 

 

941,239 

 

709,000 

 

EUR

 

460,333 

 

678,456 

 

561,141 

 

826,032 

 

GBP

 

28,934 

 

55,793 

 

44,912 

 

86,654 

 

HUF

 

19,827,300 

 

22,002,600 

 

76,648 

 

85,057 

 

JPY

 

6,629,077 

 

1,295,871 

 

54,910 

 

11,045 

 

MXN

 

1,737,840 

 

1,387,270 

 

117,655 

 

93,920 

 

MYR

 

217,476 

 

34,740 

 

62,189 

 

9,934 

 

SEK

 

321,736 

 

637,249 

 

41,328 

 

82,524 

 

Other

 

N/A

 

N/A

 

167,369 

 

134,384 

 

 

 

 

 

 

 

2,185,311 

 

2,291,893 

 

 

 

 

 

 

 

 

 

 

 

Total Notional Contract Value in USD

 

 

 

 

 

$

3,091,697 

 

$

2,300,423 

 

 

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

 

December 31,
2014

 

March 31,
2014

 

Balance Sheet
Location

 

December31,
2014

 

March 31,
2014

 

 

 

(In thousands)

 

Derivatives designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

469 

 

$

3,464 

 

Other current liabilities

 

$

28,677 

 

$

10,457 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency contracts

 

Other current assets

 

$

19,087 

 

$

4,722 

 

Other current liabilities

 

$

15,717 

 

$

6,949