v3.25.2
DERIVATIVE INSTRUMENTS (Tables)
3 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The Company has the following derivative contracts recorded at fair value in the condensed consolidated balance sheets:
June 30, 2025
Designated
Derivative Contracts
Non-Designated
Derivative Contracts
Total
Notional value$374,348 $42,207 $416,555 
Fair value recorded in other accrued expenses(24,676)(354)(25,030)
March 31, 2025
Designated
Derivative Contracts
Non-Designated
Derivative Contracts
Total
Notional value$367,695 $14,018 $381,713 
Fair value recorded in other current assets2,163 75 2,238 
Fair value recorded in other accrued expenses(64)— (64)
Schedule of Location and Amount of Gains and Losses Related to Derivatives Designated as Hedging Instruments
The following table summarizes the effect of Designated Derivative Contracts and the related income tax effects of unrealized gains or losses recorded in the condensed consolidated statements of comprehensive income for changes in accumulated other comprehensive loss (AOCL):
Three Months Ended June 30,
20252024
(Loss) gain recorded in OCI$(25,210)$1,132 
Reclassifications from AOCL into net sales535 — 
Income tax benefit (expense) in OCI6,050 (276)
Total$(18,625)$856