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Derivative Instruments (Tables)
12 Months Ended
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
As of March 31, 2023, and 2022, the Company has no outstanding derivative contracts, however, settled derivative contracts with notional values are as follows:
Years Ended March 31,
20232022
Designated Derivative Contracts
$96,345 $110,430 
Non-Designated Derivative Contracts
31,044 38,659 
Total$127,389 $149,089 
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 of unrealized gains or losses recorded in the consolidated statements of comprehensive income for changes in AOCL:
Years Ended March 31,
202320222021
Gain (Loss) recorded in Other comprehensive income$1,504 $4,161 $(1,223)
Reclassifications from Accumulated other comprehensive loss into net sales(1,504)(4,161)1,223 
Total$ $ $ 
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 recorded in the consolidated statements of comprehensive income:
Years Ended March 31,
202320222021
Gain recorded in SG&A expenses$1,518 $611 $267