FOREIGN CURRENCY DERIVATIVES (Tables)

12 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Outstanding Foreign Exchange Contracts and Approximate U.S. Dollar Equivalent

The following table summarizes the notional value of the Company’s outstanding foreign exchange currency contracts and approximate U.S. Dollar equivalent (“USD Equivalent”) at March 31, 2013:

	Local Currency	USD Equivalent		Position	Maturity
	(in thousands)	(in thousands)
EUR	19,000	$	24,371	Sell EUR	1 month
GBP	4,800	$	7,277	Sell GBP	1 month
AUD	2,500	$	2,598	Sell AUD	1 month

Notional Value of Outstanding Currency Swaps and Approximate U.S. Dollar Equivalent

The following table summarizes the notional value of the Company's outstanding MX$ currency swaps and approximate USD Equivalent at March 31, 2013:

	Local Currency	USD Equivalent	Position	Maturity
	(in thousands)	(in thousands)
MX$	325,400	25,222	Buy MX$	Monthly over	12 months

Fair Value of Derivative Contracts Under the Derivatives and Hedging Topic of the FASB ASC

The fair value of derivative contracts under the Derivatives and Hedging Topic of the FASB ASC was as follows:

	Derivative Assets Reported in Other Current Assets				Derivative Liabilities Reported in Accrued Liabilities
(in thousands)	March 31, 2013		March 31, 2012		March 31, 2013		March 31, 2012
Foreign exchange contracts designated as cash flow hedges	$	1,665	$	2,658	$	294	$	721

Balance of Designated Derivative Contracts and the Pre-Tax Impact on Accumulated Other Comprehensive Income

The following table represents only the balance of designated derivative contracts under the Derivatives and Hedging Topic of the FASB ASC as of March 31, 2013 and 2012 and the pre-tax impact of designated derivative contracts on accumulated other comprehensive income ("OCI") for fiscal years ended March 31, 2013 and 2012:

(in thousands)	Gain (loss) included in AOCI as of March 31, 2012		Amount of gain (loss) recognized in AOCI (effective portion)		Amount of gain (loss) reclassified from AOCI to income (loss) (effective portion)		Gain (loss) included in AOCI as of March 31, 2013
Foreign exchange contracts designated as cash flow hedges	$	1,937	$	3,441	$	4,007	$	1,371

(in thousands)	Gain (loss) included in AOCI as of March 31, 2011			Amount of gain (loss) recognized in AOCI (effective portion)		Amount of gain (loss) reclassified from AOCI to income (loss) (effective portion)			Gain (loss) included in AOCI as of March 31, 2012
Foreign exchange contracts designated as cash flow hedges	$	(3,814	)	$	2,951	$	(2,800	)	$	1,937

Effect of Designated Derivative Contracts on Results of Operations Recognized in Gross Profit in Statements of Operations

The effect of designated derivative contracts under the Derivatives and Hedging Topic of the FASB ASC on results of operations recognized in interest and other income (expense), net in the consolidated statements of operations was as follows:

	Fiscal Year Ended March 31,
(in thousands)	2013		2012			2011
Gain (loss) on foreign exchange contracts designated as cash flow hedges	$	4,007	$	(2,800	)	$	2,917

Effect of Non-Designated Derivative Contracts On Results of Operations Recognized in Interest and Other Income (Expense), Net in Statements of Operations

The effect of non-designated derivative contracts under the Derivatives and Hedging Topic of the FASB ASC on results of operations recognized in interest and other income (expense), net in the consolidated statements of operations was as follows:

	Fiscal Year Ended March 31,
(in thousands)	2013		2012		2011
Gain (loss) on foreign exchange contracts	$	1,065	$	1,009	$	(1,800	)