Derivative Instruments (Tables)

6 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

As of September 30, 2020, the Company had the following derivative contracts recorded at fair value in the condensed consolidated balance sheets:

	Designated Derivative Contracts		Non-Designated Derivative Contracts		Total
Notional value	$	53,444	$	18,909	$	72,353
Fair value recorded in other current assets	243		42		285
Fair value recorded in other accrued expenses	831		—		831

Schedule of Location and Amount of Gains and Losses Related to Derivatives Designated as Hedging Instruments

The following table summarizes the effect of Designated Derivative Contracts and the related income tax effects for unrealized gains or losses recorded in the condensed consolidated statements of comprehensive income for changes in AOCL:

	Three Months Ended September 30,						Six Months Ended September 30,
	2020			2019			2020			2019
(Loss) gain recorded in OCI	$	(1,173	)	$	2,190		$	(709	)	$	1,773
Reclassifications from AOCL into net sales	121			(216		)	121			(216		)
Income tax benefit (expense) in OCI	252			(477		)	141			(377		)
Total	$	(800	)	$	1,497		$	(447	)	$	1,180

Schedule of Location and Amount of Gains and Losses Related to Derivatives Not Designated as Hedging Instruments

The following table summarizes the effect of Non-Designated Derivative Contracts:

	Three Months Ended September 30,				Six Months Ended September 30,
	2020		2019		2020		2019
Gain recorded in SG&A expenses	$	42	$	502	$	42	$	146