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FOREIGN CURRENCY DERIVATIVES (Tables)
 12 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Offsetting Financial Assets Under Master Netting Agreements
As of March 31, 2016:
 
Gross Amount of Derivative Assets Presented in the Consolidated Balance Sheets
Gross Amounts Not Offset in the Consolidated Balance Sheet that are Subject to Master Netting Agreements
 
(in thousands)
Gross Amount of Eligible Offsetting Recognized Derivative Liabilities
Cash Collateral Received
Net Amount of Derivative Assets
Derivatives subject to master netting agreements
$
1,986

$
(1,986
)
$
—

$
—

Derivatives not subject to master netting agreements
—

 
 
—

Total
$
1,986

 
 
$
—

As of March 31, 2015:
 
Gross Amount of Derivative Assets Presented in the Consolidated Balance Sheets
Gross Amounts Not Offset in the Consolidated Balance Sheet that are Subject to Master Netting Agreements
 
(in thousands)
Gross Amount of Eligible Offsetting Recognized Derivative Liabilities
Cash Collateral Received
Net Amount of Derivative Assets
Derivatives subject to master netting agreements
$
13,263

$
(637
)
$
—

$
12,626

Derivatives not subject to master netting agreements
—

 
 
—

Total
$
13,263

 
 
$
12,626
Offsetting Financial Liabilities Under Master Netting Agreements
 
Gross Amount of Derivative Liabilities Presented in the Consolidated Balance Sheets
Gross Amounts Not Offset in the Consolidated Balance Sheet that are Subject to Master Netting Agreements
 
(in thousands)
Gross Amount of Eligible Offsetting Recognized Derivative Assets
Cash Collateral Received
Net Amount of Derivative Liabilities
Derivatives subject to master netting agreements
$
(4,419
)
$
1,986

$
—

$
(2,433
)
Derivatives not subject to master netting agreements
—

 
 
—

Total
$
(4,419
)
 
 
$
(2,433
)
 
Gross Amount of Derivative Liabilities Presented in the Consolidated Balance Sheets
Gross Amounts Not Offset in the Consolidated Balance Sheet that are Subject to Master Netting Agreements
 
(in thousands)
Gross Amount of Eligible Offsetting Recognized Derivative Assets
Cash Collateral Received
Net Amount of Derivative Liabilities
Derivatives subject to master netting agreements
$
(3,914
)
$
637

$
—

$
(3,277
)
Derivatives not subject to master netting agreements
—

 
 
—

Total
$
(3,914
)
 
 
$
(3,277
)
Notional Amounts of Outstanding Foreign Exchange Contracts and Approximate U.S. Dollar Equivalent
at March 31, 2016:
 
Local Currency
 
USD Equivalent
 
Position
 
Maturity
 
(in thousands)
 
(in thousands)
 
 
 
 
EUR
€
29,000

 
$
33,059

 
Sell EUR
 
1 month
GBP
£
4,030

 
$
5,730

 
Sell GBP
 
1 month
AUD
A$
12,400

 
$
9,505

 
Sell AUD
 
1 month
CAD
C$
2,600

 
$
1,996

 
Sell CAD
 
1 month
Effect of Non-Designated Derivative Contracts On Results of Operations Recognized in Interest and Other Income (Expense), Net in Statements of Operations
The effect of non-designated derivative contracts on results of operations recognized in other non-operating income and (expense), net in the consolidated statements of operations was as follows:
 
 
Fiscal Year Ended March 31,
(in thousands)
 
2014
 
2015
 
2016
Gain on foreign exchange contracts
 
$
1,631

 
$
9,649

 
$
494
Notional Value of Outstanding Currency Swaps and Approximate U.S. Dollar Equivalent
The following table summarizes the notional value of the Company's outstanding MXN currency swaps and approximate USD Equivalent at March 31, 2016:
 
 
Local Currency
 
USD Equivalent
 
Position
 
Maturity
 
 
(in thousands)
 
(in thousands)
 
 
 
 
 
MX$
 
480,960

 
$
28,226

 
Buy MXN
 
Monthly over
20 months
Balance of Designated Derivative Contracts and the Pre-Tax Impact on Accumulated Other Comprehensive Income
The following table presents the pre-tax effects of derivative instruments designated as cash flow hedges on AOCI and the consolidated statements of operations for fiscal years ended March 31, 2016, 2015, and 2014:
(in thousands)
 
2014
 
2015
 
2016
Gain (loss) included in AOCI as of beginning of period
 
$
1,371

 
$
(1,442
)
 
$
5,705

 
 
 
 
 
 
 
Amount of gain (loss) recognized in OCI (effective portion)
 
(3,750
)
 
10,348

 
(3,786
)
 
 
 
 
 
 
 
Amount of gain (loss) reclassified from OCI into net revenues (effective portion)
 
(965
)
 
3,650

 
7,826

Amount of gain (loss) reclassified from OCI into cost of revenues (effective portion)
 
28

 
(449
)
 
(4,801
)
Total amount of gain (loss) reclassified from AOCI to income (loss) (effective portion)
 
(937
)
 
3,201

 
3,025

 
 
 
 
 
 
 
Gain (loss) included in AOCI as of end of period
 
$
(1,442
)
 
$
5,705

 
$
(1,106
)