v3.26.1
Derivative Instruments (Tables)
12 Months Ended
Mar. 31, 2026
Derivative Instruments.  
Derivative Financial Instruments Recorded in Consolidated Balance Sheets

  ​ ​ ​

Balance Sheet Location

  ​ ​ ​

March 31, 2026

  ​ ​ ​

March 31, 2025

Derivatives designated as hedges:

 

  ​

 

  ​

 

  ​

Commodity derivatives

 

Other current assets

$

0.2

$

0.1

Foreign exchange contracts

 

Other current liabilities

0.7

Derivatives not designated as hedges:

 

  ​

 

 

Foreign exchange contracts

 

Other current liabilities

$

0.4

$

0.4

Derivative Financial Instruments Designated for Hedge Accounting

The amounts associated with derivative financial instruments that the Company designated for hedge accounting during the years ended March 31 were as follows:

Gain (loss) recognized in

Statement of

Gain (loss) reclassified

other comprehensive income

Operations

from AOCI

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

Location

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

Commodity derivatives

$

0.3

$

0.2

$

(0.3)

 

Cost of sales

$

0.3

$

$

(0.3)

Foreign exchange contracts

 

0.2

 

(0.8)

 

0.3

 

Net sales

 

(0.5)

 

0.1

 

1.3

Foreign exchange contracts

 

(0.1)

 

(0.3)

 

0.1

 

Cost of sales

 

(0.4)

 

 

Total gains (losses)

$

0.4

$

(0.9)

$

0.1

$

(0.6)

$

0.1

$

1.0

Derivative Financial Instruments Not Designated for Hedge Accounting

The amounts associated with derivative financial instruments that the Company did not designate for hedge accounting were as follows:

Statement of Operations

Years ended March 31, 

  ​ ​ ​

Location

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

Foreign exchange contracts

 

Net sales

$

(0.1)

$

$

(0.9)

Foreign exchange contracts

 

Other income (expense) – net

 

1.9

 

(2.4)

 

(1.0)

Total gains (losses)

$

1.8

$

(2.4)

$

(1.9)