XML 54 R45.htm IDEA: XBRL DOCUMENT v3.22.0.1
Derivative Instruments (Details)
3 Months Ended 9 Months Ended
Dec. 31, 2021
USD ($)
counterparty
Dec. 31, 2020
USD ($)
Dec. 31, 2021
USD ($)
counterparty
Dec. 31, 2020
USD ($)
Mar. 31, 2021
USD ($)
Foreign currency exchange contracts and hedging          
Notional value $ 35,915,000   $ 35,915,000   $ 0
Fair value recorded in other current assets 1,308,000   1,308,000    
Fair value recorded in other accrued expenses $ (9,000)   $ (9,000)    
Number of counterparties in derivative contracts | counterparty 2   2    
Gain (loss) recorded in Other comprehensive income $ 105,000 $ (556,000) $ 4,154,000 $ (1,265,000)  
Reclassifications from Accumulated other comprehensive loss into net sales (2,107,000) 189,000 (2,869,000) 310,000  
Income tax benefit (expense) in Other comprehensive income 485,000 88,000 (311,000) 229,000  
Unrealized (loss) gain on cash flow hedges, net of tax (1,517,000) (279,000) 974,000 (726,000)  
(Loss) gain recorded in SG&A expenses (157,000) $ (564,000) $ 591,000 $ (522,000)  
Foreign Exchange Forward          
Foreign currency exchange contracts and hedging          
Maturity of foreign currency derivatives     15 months    
Foreign Exchange Option          
Foreign currency exchange contracts and hedging          
Maturity of foreign currency derivatives     15 months    
Designated Derivative Contracts          
Foreign currency exchange contracts and hedging          
Notional value 21,674,000   $ 21,674,000    
Fair value recorded in other current assets 1,285,000   1,285,000    
Fair value recorded in other accrued expenses 0   0    
Non-Designated Derivative Contracts          
Foreign currency exchange contracts and hedging          
Notional value 14,241,000   14,241,000    
Fair value recorded in other current assets 23,000   23,000    
Fair value recorded in other accrued expenses $ (9,000)   $ (9,000)