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Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2012
Fair Value Measurements [Abstract]  
Fair Value, Long-term Debt
The carrying value and estimated fair value of the Company's Long-Term Debt are shown in the table below.

 
March 31,
 
2012
2011
     Carrying value
$
828,503

$
885,155

     Estimated fair value
841,558

905,330

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis:

 
March 31, 2012
March 31, 2011
 
Level 2
Level 3
Total Assets /
Liabilities,
at Fair Value
 
Level 2
Level 3
Total Assets /
Liabilities,
at Fair Value
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
   Derivative financial
   instruments
$
312

$
—

$
312

 
$
2,543

$
—

$
2,543

   Securitized beneficial interests
—

25,864

25,864

 
—

15,797

15,797

   Total Assets
$
312

$
25,864

$
26,176

 
$
2,543

$
15,797

$
18,340

Liabilities
 
 
 
 
 
 
 
   Guarantees
$
—

$
5,265

$
5,265

 
$
—

$
4,575

$
4,575

   Derivative financial
   instruments
16

—

16

 
—

—

—

Total liabilities
$
16

$
5,265

$
5,281

 
$
—

$
4,575

$
4,575

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation
The following tables present the changes in Level 3 instruments measured on a recurring basis.

    
 
Securitized Beneficial Interests
Guarantees
Beginning Balance March 31, 2010
$
25,125

$
13,478

     Issuance of guarantees/sales of receivables
225,448

5,791

     Settlements
(232,381
)
(14,694
)
     Losses recognized in earnings
(2,395
)
—

Ending Balance March 31, 2011
15,797

4,575

     Issuance of guarantees/sales of receivables
242,630

6,061

     Settlements
(227,430
)
(5,307
)
     Changes in anticipated loss rate
—

(64
)
     Losses recognized in earnings
(5,133
)
—

Ending Balance at March 31, 2012
$
25,864

$
5,265

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis
The following table summarizes the items measured at fair value on a non-recurring basis:

 
March 31, 2012
 
March 31, 2011
 
Level 2
Level 3
Total Assets /
Liabilities,
at Fair Value
 
Level 2
Level 3
Total Assets /
Liabilities,
at Fair Value
 
 
 
 
 
 
 
 
Assets
 
 
 
 
 
 
 
   Brazil intrastate tax credits
$
—

$
37,711

$
37,711

 
$
—

$
53,594

$
53,594

  Property received in non-
  monetary exchange
26,845

—

26,845

 
—

—

—

   Total Assets
$
26,845

$
37,711

$
64,556

 
$
—

$
53,594

$
53,594

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques
The following table summarizes significant unobservable inputs and the valuation techniques thereof for the period ended March 31, 2012:
 
Fair Value at 3/31/2012
Valuation Technique
Unobservable Input
Range (Weighted Average)
Securitized Beneficial Interests
$
25,864

Discounted Cash Flow
Discount Rate
2.52% to 3.78%

Payment Speed
91 to 133 days

Tobacco Supplier Guarantees
4,496

Historical Loss
Historical Loss
 6% to 7.8%

Deconsolidated Subsidiary Guarantees
769

Discounted Cash Flow
Market Interest Rate
12
%