Derivative Instruments (Tables)

3 Months Ended

Jun. 30, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

As of June 30, 2021, 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	$	103,488	$	16,464	$	119,952
Fair value recorded in other current assets	1,924		335		2,259

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 recorded in the condensed consolidated statements of comprehensive income for changes in AOCL:

	Three Months Ended June 30,
	2021		2020
Gain recorded in Other comprehensive income	$	1,924	$	464
Income tax expense in Other comprehensive income	(466)		(111)
Total	$	1,458	$	353

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 June 30,
	2021		2020
Gain recorded in SG&A expenses	$	335	$	—