v3.26.1
Derivative Financial Instruments (Tables)
 3 Months Ended
Jul. 05, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
Presented below in tabular form is information on the location and amounts of derivative fair values in the Consolidated Condensed Balance Sheets and derivative gains and losses in the Consolidated Condensed Statements of Income:

Fair Value of Derivative Instruments
July 5, 2026 and March 31, 2026
 
Derivatives and Hedging  Activities Designated as Cash Flow HedgesDerivatives and Hedging Activities Designated as Net Investment HedgesDerivatives and Hedging Activities Not Designated as Hedging Instruments
July 5, 2026March 31, 2026July 5, 2026March 31, 2026July 5, 2026March 31, 2026
Prepaid and other current assets:
Foreign currency forward contracts197 336 — — 189 837 
Total assets$197 $336 $— $— $189 $837 
Accrued expenses:
Lead forward contracts$2,877 $3,521 $— $— $— $— 
Net investment hedges— — 14,781 16,076 — — 
Other liabilities:
Interest rate swaps12 68 — — — — 
Net investment hedges— — 53,599 53,914 — — 
Total liabilities$2,889 $3,589 $68,380 $69,990 $— $— 
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended July 5, 2026
Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$(556)Cost of goods sold$(2,574)
Foreign currency forward contracts379 Cost of goods sold410 
Interest rate swaps11 Interest expense(45)
Total$(166)$(2,209)
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$3,480 Interest expense$1,870 
Total$3,480 $1,870 

Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$404 
Total$404 
The Effect of Derivative Instruments on the Consolidated Condensed Statements of Income
For the quarter ended June 29, 2025
Derivatives Designated as Cash Flow HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Lead forward contracts$1,489 Cost of goods sold$(1,264)
Foreign currency forward contracts(1,848)Cost of goods sold224 
Interest rate swaps(374)Interest expense (297)
Total$(733)$(1,337)
Derivatives Designated as Net Investment HedgesPretax Gain (Loss) Recognized in AOCI on Derivative (Effective Portion)Location of Gain (Loss)  Reclassified from AOCI into Income (Effective Portion)Pretax Gain (Loss) Reclassified from AOCI into Income (Effective Portion)
Cross currency fixed interest rate swaps$(55,994)Interest expense$(1,173)
Total$(55,994)$(1,173)
Derivatives Not Designated as Hedging InstrumentsLocation of Gain (Loss) Recognized in Income on DerivativesPretax Gain (Loss)
Foreign currency forward contractsOther (income) expense, net$1,118 
Total$1,118