INTEREST AND OTHER, NET

12 Months Ended

Mar. 31, 2016

Other Income and Expenses [Abstract]

INTEREST AND OTHER, NET.

INTEREST AND OTHER, NET

For the fiscal years ended March 31, 2016, 2015 and 2014, the Company recognized interest income of $12.3 million, $18.7 million and $17.6 million.

For the fiscal years ended March 31, 2016, 2015 and 2014, the Company recognized interest expense of $98.0 million, $76.4 million and $79.9 million, respectively, on its debt obligations outstanding during the period.

For the fiscal years ended March 31, 2016, 2015 and 2014, the Company recognized gains on foreign exchange transactions of $24.4 million, $19.7 million and $11.8 million, respectively.

For the fiscal years ended March 31, 2016, 2015 and 2014, the Company recognized $11.0 million, $9.9 million and $9.5 million of expense related to its ABS and AR Sales Programs.

For the fiscal years ended March 31, 2016, the Company incurred $8.0 million of acquisition-related costs.