v3.24.1.1.u2
Derivative Instruments (Tables)
 12 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments Effect on Condensed Consolidated Statements of Operations
The following is the effect of derivative instruments on the Consolidated Statements of Operation for the years ended March 31, 2024, 2023, and 2022 (in thousands):

Derivatives Designated as Cash Flow  
Hedges		Type of InstrumentAmount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivatives (Effective Portion)Location of Gain or
(Loss) Recognized
in Income on
Derivatives		Amount of Gain or (Loss) Reclassified from AOCL into Income (Effective Portion)
March 31,   
2024Foreign exchange contracts$(168)Cost of products sold$(29)
2024Interest rate swap$7,145 Interest expense$9,739 
2024Cross currency swap$(70)Foreign currency exchange loss (gain)$502 
2023Foreign exchange contracts$57 Cost of products sold$(201)
2023Interest rate swap$7,295 Interest expense$2,368 
2023Cross currency swap$5,033 Foreign currency exchange loss (gain)$2,332 
2022Foreign exchange contracts$(193)Cost of products sold$(60)
2022Interest rate swap$2,567 Interest expense$(2,020)
2022Cross currency swap$3,548 Foreign currency exchange loss (gain)$7,925 
Schedule of Derivative Instruments
The following is information relative to the Company’s derivative instruments in the Consolidated Balance Sheets as of March 31, 2024 and 2023 (in thousands):
Fair Value of Asset (Liability)
March 31,
Derivatives Designated as
Hedging Instruments		Balance Sheet Location20242023
Foreign exchange contractsPrepaid expenses and other$56 $— 
Foreign exchange contractsOther Assets— 136 
Foreign exchange contractsAccrued Liabilities(133)(39)
Interest rate swapPrepaid expenses and other7,503 7,644 
Interest rate swapOther Assets— 3,218 
Interest rate swapAccrued Liabilities— (387)
Interest rate swapOther non current liabilities(381)— 
Cross currency swapPrepaid expenses and other199 168 
Cross currency swapOther non current liabilities(2,541)(2,270)