Foreign Currency Exchange Contracts and Hedging (Tables)

9 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of gains and losses related to derivatives designated as hedging instruments

The following tables summarize the effect of foreign currency exchange contracts designated as cash flow hedging relationships for the three and nine months ended December 31, 2016:

	Three Months Ended   December 31,
	2016	2015
Derivatives in designated cash flow hedging relationships	Foreign currency exchange contracts	Foreign currency exchange contracts
Amount of gain recognized in other comprehensive loss on derivatives (effective portion)	$2,053	$1,392
Location of amount reclassified from accumulated other comprehensive loss into income (effective portion)	Net sales	Net sales
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income (effective portion)	$4,294	$(892)
Location of amount excluded from effectiveness testing	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of gain (loss) excluded from effectiveness testing	$142	$(32)

	Nine Months Ended   December 31,
	2016	2015
Derivatives in designated cash flow hedging relationships	Foreign currency exchange contracts	Foreign currency exchange contracts
Amount of gain (loss) recognized in other comprehensive loss on derivatives (effective portion)	$6,957	$(106)
Location of amount reclassified from accumulated other comprehensive loss into income (effective portion)	Net sales	Net sales
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income (effective portion)	$5,970	$(1,686)
Location of amount excluded from effectiveness testing	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of gain excluded from effectiveness testing	$497	$34

The following tables summarize the effect of foreign currency exchange contracts for non-designated hedging instruments for the three and nine months ended December 31, 2016:

	Three Months Ended   December 31,
	2016	2015
Derivatives on non-designated hedging instruments	Foreign currency exchange contracts	Foreign currency exchange contracts
Location of amount recognized in income on derivatives	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of gain recognized in income on derivatives	$4,038	$1,014

	Nine Months Ended   December 31,
	2016	2015
Derivatives on non-designated hedging instruments	Foreign currency exchange contracts	Foreign currency exchange contracts
Location of amount recognized in income on derivatives	Selling, general and administrative expenses	Selling, general and administrative expenses
Amount of (gain) loss recognized in income on derivatives	$3,157	$(553)