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FOREIGN CURRENCY DERIVATIVES (Tables)
3 Months Ended
Jun. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional Value of Outstanding Foreign Exchange Currency Contracts [Table Text Block]
The following table summarizes the notional value of the Company’s outstanding foreign exchange currency contracts and approximate U.S. Dollar ("USD") equivalent at June 30, 2013:

 
Local Currency
 
USD Equivalent
 
Position
 
Maturity
 
(in thousands)
 
(in thousands)
 
 
 
 
EUR
16,000

 
$
20,808

 
Sell EUR
 
1 month
GBP
£
2,200

 
$
3,341

 
Sell GBP
 
1 month
AUD
A$
5,400

 
$
4,918

 
Sell AUD
 
1 month
Effect of Designated Derivative Contracts Recognized in Gross Profit [Table Text Block]


The effect of designated derivative contracts on results of operations recognized in gross profit in the condensed consolidated statements of operations was as follows:

 
 
Three Months Ended
 
 
June 30,
(in thousands)
 
2013
 
2012
Gain on foreign exchange contracts designated as cash flow hedges
 
$
254

 
$
1,694

Notional Value of Outstanding Cross-Currency Swaps [Table Text Block]

The following table summarizes the notional value of the Company’s outstanding MX$ cross-currency swaps and approximate USD Equivalent at June 30, 2013:

 
Local Currency
 
USD Equivalent
 
Position
 
Maturity
 
(in thousands)
 
(in thousands)
 
 
 
 
 
MX$
$
437,700

 
$
33,411

 
Buy MX$
 
Monthly over
18 months
Fair Value of Derivative Contracts Under the Derivatives and Hedging Topic of the FASB ASC [Table Text Block]

The fair value of derivative contracts was as follows:

 
 
Derivative Assets
Reported in Other Current Assets
 
Derivative Liabilities
Reported in Accrued Liabilities
 
 
June 30,
 
March 31,
 
June 30,
 
March 31,
(in thousands)
 
2013
 
2013
 
2013
 
2013
Foreign exchange contracts designated as cash flow hedges
 
$
593

 
$
1,665

 
$
1,139

 
$
294

Balance of Designated Derivative Contracts and the Pre-Tax Impact on Accumulated Other Comprehensive Income [Table Text Block]

The following table represents the balance of designated derivative contracts as of June 30, 2013 and March 31, 2013, and the pre-tax impact of designated derivative contracts on AOCI for the three months ended June 30, 2013:

(in thousands)
 
Gain (loss) included in AOCI as of March 31, 2013
 
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 June 30, 2013
Foreign exchange contracts designated as cash flow hedges
 
$
1,371

 
$
(1,663
)
 
$
254

 
$
(546
)

Effect of Non-Designated Derivative Contracts Recognized in Interest and Other Income, Net [Table Text Block]

The effect of non-designated derivative contracts on results of operations recognized in interest and other income, net in the condensed consolidated statements of operations was as follows:

 
 
Three Months Ended
 
 
June 30,
(in thousands)
 
2013
 
2012
Gain on foreign exchange contracts
 
$
74

 
$
1,467