Fair Value of Financial Instruments (Tables)

9 Months Ended

Dec. 31, 2023

Fair Value Disclosures [Abstract]

Financial Assets And (Liabilities), Measured At Fair Value On A Recurring Basis

The following tables represent the financial assets and (liabilities) measured at fair value on a recurring basis as of December 31, 2023 and March 31, 2023, and the basis for that measurement:

	Total Fair Value Measurement December 31, 2023		Quoted Price in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Lead forward contracts	$	(1,532)	$	—	$	(1,532)	$	—
Foreign currency forward contracts	(560)		—		(560)		—
Interest Rate Swaps	113		—		113		—
Net investment hedges	(23,176)		—		(23,176)		—
Total derivatives	$	(25,155)	$	—	$	(25,155)	$	—

	Total Fair Value Measurement March 31, 2023		Quoted Price in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Lead forward contracts	$	(89)	$	—	$	(89)	$	—
Foreign currency forward contracts	923		—		923		—
Interest Rate Swaps	(1,162)		—		(1,162)		—
Net investment hedges	(15,760)		—		(15,760)		—
Total derivatives	$	(16,088)	$	—	$	(16,088)	$	—

Carrying Amounts And Estimated Fair Values Of Company's Financial Instruments

The carrying amounts and estimated fair values of the Company’s derivatives and Senior Notes at December 31, 2023 and March 31, 2023 were as follows:

	December 31, 2023				March 31, 2023
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
Derivatives (1)	$	—	$	—	$	—	$	—
Financial liabilities:
Senior Notes (2)	$	300,000	$	285,000	$	300,000	$	276,000
Derivatives (1)	$	(25,155)	$	(25,155)	$	(16,088)	$	(16,088)

(1)Represents lead, foreign currency forward contracts, interest rate swaps, and net investment hedges (see Note 6 for asset and liability positions of the lead, foreign currency forward contracts, interest rate swaps, and net investment hedges at December 31, 2023 and March 31, 2023).

(2)The fair value amount of the Senior Notes at December 31, 2023 and March 31, 2023 represent the trading value of the instruments.