XML 38 R29.htm IDEA: XBRL DOCUMENT

Derivative Instruments (Tables)

6 Months Ended

Sep. 30, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

As of September 30, 2023, the Company has the following Designated Derivative Contracts recorded at fair value in the condensed consolidated balance sheets:



Notional value	$	115,721
Fair value recorded in other current assets	4,968

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 condensed consolidated statements of comprehensive income for changes in AOCL:


	Three Months Ended September 30,				Six Months Ended September 30,
	2023		2022		2023		2022
Gain recorded in OCI	$	4,705	$	1,805	$	5,116	$	2,805
Reclassifications from AOCL into net sales	(170)		(369)		(149)		(369)
Income tax expense in OCI	(1,132)		(348)		(1,212)		(590)
Total	$	3,403	$	1,088	$	3,755	$	1,846

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References + Details