Fair Value Measurements (Tables)

6 Months Ended

Sep. 30, 2016

Fair Value Disclosures [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.

	September 30, 2016		September 30, 2015		March 31, 2016
Carrying value	$	911,930	$	937,316	$	920,444
Estimated fair value	803,924		820,783		753,038

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis

The following table summarizes the items measured at fair value on a recurring basis:

	September 30, 2016						September 30, 2015						March 31, 2016
					Total Assets /						Total Assets /						Total Assets /
					Liabilities						Liabilities						Liabilities
	Level 2		Level 3		at Fair Value		Level 2		Level 3		at Fair Value		Level 2		Level 3		at Fair Value
Assets
Securitized beneficial interests	$	—	$	29,371	$	29,371	$	—	$	21,792	$	21,792	$	—	$	40,368	$	40,368
Total Assets	$	—	$	29,371	$	29,371	$	—	$	21,792	$	21,792	$	—	$	40,368	$	40,368
Liabilities
Guarantees	$	—	$	4,467	$	4,467	$	—	$	4,865	$	4,865	$	—	$	7,350	$	7,350
Total liabilities	$	—	$	4,467	$	4,467	$	—	$	4,865	$	4,865	$	—	$	7,350	$	7,350

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:

	Three Months Ended September 30, 2016						Six Months Ended September 30, 2016
	Securitized Beneficial Interests			Guarantees			Securitized Beneficial Interests			Guarantees
Beginning Balance	$	14,681		$	5,891		$	40,368		$	7,350
Issuances of guarantees/sales of receivables	41,651			3,122			102,856			4,125
Settlements	(26,093		)	(4,518		)	(112,727		)	(6,980		)
Losses recognized in earnings	(868		)	(28		)	(1,126		)	(28		)
Ending Balance September 30, 2016	$	29,371		$	4,467		$	29,371		$	4,467

	Three Months Ended September 30, 2015						Six Months Ended September 30, 2015
	Securitized Beneficial Interest			Guarantees			Securitized Beneficial Interest			Guarantees
Beginning Balance	$	23,256		$	7,723		$	40,712		$	8,650
Issuances of guarantees/sales of receivables	35,986			1,812			69,767			6,369
Settlements	(36,794		)	(3,762		)	(87,960		)	(9,246		)
Losses recognized in earnings	(656		)	(908		)	(727		)	(908		)
Ending Balance September 30, 2015	$	21,792		$	4,865		$	21,792		$	4,865

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

The following table summarizes significant unobservable inputs and the valuation techniques thereof at September 30, 2016:

	Fair Value at September 30, 2016			Unobservable Input	Range (Weighted Average)
Securitized Beneficial Interests	$	29,371	Discounted Cash Flow	Discount Rate	3.83	%
				Payment Speed	61 days
Tobacco Supplier Guarantees	$	918	Historical Loss	Historical Loss	9.90% to 15.92%
Tobacco Supplier Guarantees	$	3,549	Discounted Cash Flow	Market Interest Rate	16.50% to 24.75%