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Fair Value Of Financial Assets And Liabilities (Tables)
9 Months Ended
Dec. 31, 2011
Fair Value Disclosures [Abstract]  
Schedule Of Assets And Liabilities Measured At Fair Value On A Recurring Basis
Assets and liabilities measured at fair value on a recurring basis at December 31, 2011 and March 31, 2011 are categorized in the tables below based on the lowest level of significant input to the valuation.

 
Balance at
 
Quoted prices in
active markets
Level 1
 
Significant other
observable inputs
Level 2
 
Significant
unobservable inputs
Level 3
(In thousands)
December 31, 2011
 
 
 
Assets:
 
 
 
 
 
 
 
Deferred compensation plan assets
$
10,537

 
$
10,537

 
$

 
$

Derivative assets - variable interest rate swap agreements
7,037

 

 
7,037

 

Total assets measured at fair value on a recurring basis
$
17,574

 
$
10,537

 
$
7,037

 
$

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Deferred compensation plan liabilities
$
10,537

 
$
10,537

 
$

 
$

Contingent consideration liability
2,450

 

 

 
2,450

Total liabilities measured at fair value on a recurring basis
$
12,987

 
$
10,537

 
$

 
$
2,450


 
Balance at
 
Quoted prices in
active markets
Level 1
 
Significant other
observable inputs
Level 2
 
Significant
unobservable inputs
Level 3
(In thousands)
March 31, 2011
 
 
 
Assets:
 
 
 
 
 
 
 
Deferred compensation plan assets
$
9,160

 
$
9,160

 
$

 
$

Derivative assets - variable interest rate swap agreements
5,086

 

 
5,086

 

Total assets measured at fair value on a recurring basis
$
14,246

 
$
9,160

 
$
5,086

 
$

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Deferred compensation plan liabilities
$
9,160

 
$
9,160

 
$

 
$

Total liabilities measured at fair value on a recurring basis
$
9,160

 
$
9,160

 
$

 
$

Changes In Fair Value Of Recurring Measurements Using Significant Unobservable Inputs
Changes in the fair value of recurring fair value measurements using significant unobservable inputs (Level 3) for the nine months ended December 31, 2011 were as follows (in thousands):

Balance at March 31, 2011
$

Contingent consideration liability recorded
2,450

Balance at December 31, 2011
$
2,450

Fair Value Of Debt
The fair value of the securitized receivables approximates its carrying value.

 
Carrying Value at
 
Fair Value at
 
Carrying Value at
 
Fair Value at
(In thousands)
December 31, 2011
 
December 31, 2011
 
March 31, 2011
 
March 31, 2011
Commercial paper
$
406,861

 
$
406,861

 
$

 
$

Revolving credit borrowings
47,499

 
47,499

 
378,209

 
381,235

2013 Notes
306,550

 
311,798

 
305,019

 
308,716

2014 Notes
399,736

 
423,412

 
399,664

 
419,899

2015 Notes
249,717

 
256,534

 
249,660

 
249,430

2016 Notes
249,691

 
256,987

 

 

2018 Notes
215,446

 
229,450

 
215,446

 
235,105

Trade receivables securitization
295,000

 
295,000

 
295,000

 
295,000

Acquisition and other notes
7,169

 
7,411

 
9,864

 
10,146

Total debt
$
2,177,669

 
$
2,234,952

 
$
1,852,862

 
$
1,899,531