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Derivative Instruments (Tables)
12 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments The Company has the following derivative contracts recorded at fair value in the consolidated balance sheets:
March 31, 2026
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
March 31, 2025
Designated
Derivative
Contracts
Non-Designated
Derivative
Contracts
Total
Notional value
$367,695
$14,018
$381,713
Fair value recorded in other current assets
2,163
75
2,238
Fair value recorded in other accrued expenses
(64)
(64)
The Company settled derivative contracts with notional values as follows:
Years Ended March 31,
2026
2025
2024
Designated Derivative Contracts
$431,232
$258,040
$179,528
Non-Designated Derivative Contracts
160,512
18,565
Total
$591,744
$276,605
$179,528
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) The following table summarizes changes in unrealized (loss) gain on cash flow hedges included in 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 consolidated statements of comprehensive income:
Years Ended March 31,
2026
2025
2024
Beginning balance
$1,584
$
$
(Loss) gain recorded in OCI
(12,631)
4,387
4,090
Gain (loss) reclassified into net sales
17,849
(2,288)
(4,090)
Income tax expense in OCI
(1,238)
(515)
Ending balance
$5,564
$1,584
$