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Stockholders' Equity and Noncontrolling Interests (Tables)
 12 Months Ended
Mar. 31, 2020
Stockholders' Equity and Noncontrolling Interests [Abstract]  
Change in Number of Shares of Common Stock Outstanding
The following demonstrates the change in the number of shares of common stock outstanding during fiscal years ended March 31, 2018, 2019 and 2020, respectively:
 
 
 
Shares outstanding as of March 31, 2017
43,447,536

Purchase of treasury stock
(1,756,831
)
Shares issued towards equity-based compensation plans, net of equity awards surrendered for option price and taxes
224,295

Shares outstanding as of March 31, 2018
41,915,000

Purchase of treasury stock
(726,347
)
Shares issued towards purchase consideration of Alpha acquisition
1,177,630

Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes
254,467

Shares outstanding as of March 31, 2019
42,620,750

Purchase of treasury stock
(581,140
)
Shares issued under equity-based compensation plans, net of equity awards surrendered for option price and taxes
283,695

Shares outstanding as of March 31, 2020
42,323,305
Components Of Accumulated Other Comprehensive Income
The components of AOCI, net of tax, are as follows:
 
 
 
Beginning
Balance
 
Before Reclassifications
 
Amount Reclassified from AOCI
 
Ending
Balance
March 31, 2020
 
 
 
 
 
 
 
 
Pension funded status adjustment
 
$
(20,791
)
 
$
(2,819
)
 
$
816

 
$
(22,794
)
Net unrealized gain (loss) on derivative instruments
 
(130
)
 
(6,672
)
 
879

 
(5,923
)
Foreign currency translation adjustment
 
(121,761
)
 
(64,528
)
 
—

 
(186,289
)
Accumulated other comprehensive loss
 
$
(142,682
)
 
$
(74,019
)
 
$
1,695

 
$
(215,006
)
March 31, 2019
 
 
 
 
 
 
 
 
Pension funded status adjustment
 
$
(22,503
)
 
$
339

 
$
1,373

 
$
(20,791
)
Net unrealized gain (loss) on derivative instruments
 
(3,425
)
 
(8,396
)
 
11,691

 
(130
)
Foreign currency translation adjustment
 
(15,789
)
 
(105,972
)
 
—

 
(121,761
)
Accumulated other comprehensive loss
 
$
(41,717
)
 
$
(114,029
)
 
$
13,064

 
$
(142,682
)
March 31, 2018
 
 
 
 
 
 
 
 
Pension funded status adjustment
 
$
(25,555
)
 
$
1,692

 
$
1,360

 
$
(22,503
)
Net unrealized gain (loss) on derivative instruments
 
1,975

 
(2,868
)
 
(2,532
)
 
(3,425
)
Foreign currency translation adjustment
 
(129,244
)
 
113,455

 
—

 
(15,789
)
Accumulated other comprehensive loss
 
$
(152,824
)
 
$
112,279

 
$
(1,172
)
 
$
(41,717
)
Reclassification out of Accumulated Other Comprehensive Income
The following table presents reclassifications from AOCI during the twelve months ended March 31, 2020:

Components of AOCI
 
Amounts Reclassified from AOCI
 
Location of (Gain) Loss Recognized on Income Statement
Derivatives in Cash Flow Hedging Relationships:
 
 
 
 
Net unrealized loss on derivative instruments
 
$
1,151

 
Cost of goods sold
Tax benefit
 
(272
)
 
 
Net unrealized loss on derivative instruments, net of tax
 
$
879

 
 
 
 
 
 
 
Defined benefit pension costs:
 
 
 
 
Prior service costs and deferrals
 
$
1,098

 
Net periodic benefit cost, included in other (income) expense, net - See Note 15
Tax benefit
 
(282
)
 
 
Net periodic benefit cost, net of tax
 
$
816