v3.26.3
Derivative Instruments (Tables)
6 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments As of September 30, 2026, the Company has the following derivative contracts recorded at fair value in the
condensed consolidated balance sheets:
September 30, 2026
Designated
Derivative
Contracts
Non-Designated
Derivative
Contracts
Total
Notional value
$235,297
$32,678
$267,975
Fair value recorded in other current assets
8,505
988
9,493
As of March 31, 2026, the Company has the following derivative contracts recorded at fair value in the condensed
consolidated balance sheets:
Designated
Derivative
Contracts
Non-Designated
Derivative
Contracts
Total
Notional value
$337,183
$18,343
$355,526
Fair value recorded in other current assets
7,316
370
7,686
Schedule of Changes in Unrealized Gain (Loss) on Cash Flow Hedges Included in Accumulated Other Comprehensive Loss The following table summarizes changes in unrealized gain (loss) on cash flow hedges included in AOCL, including
the effect of Designated Derivative Contracts and the related income tax effects of unrealized gains or losses that
are recorded in OCI in the condensed consolidated statements of comprehensive income:
Three Months Ended September 30,
Six Months Ended September 30,
2026
2025
2026
2025
Beginning balance
$8,342
$(18,625)
$5,564
$1,584
Gain (loss) recorded in OCI
740
5,548
4,671
(21,761)
(Loss) gain reclassified into net sales
(3,212)
7,921
(3,483)
8,456
Income tax benefit (expense) in OCI
594
(3,341)
(288)
3,224
Ending balance
$6,464
$(8,497)
$6,464
$(8,497)