Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.4.0.3
Fair Value Measurements (Tables)
12 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Schedule of long-term debt that is not measured at fair value
Information about our long-term debt that is not measured at fair value follows:
 
March 31, 2016
 
March 31, 2015
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Liabilities
 

 
 

 
 

 
 

 
 
Outstanding principal amount of senior secured credit facility
$
94,500

 
$
94,500

 
$
108,000

 
$
108,000

 
Level 2 - Market Approach
 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
As of March 31, 2016 and 2015, the notional amounts of forward contracts were as follows:
Notional amount of foreign exchange forward contracts by currency
 
March 31, 2016
 
March 31, 2015
Russian Ruble
$
1,237

 
$
1,374

Euro
4,224

 
467

Canadian Dollar
534

 
243

South Korean Won
3,050

 
3,347

Mexican Peso
837

 
873

Australian Dollar
1,042

 
1,104

Japanese Yen

 
815

Chinese Renminbi
334

 

Brazilian Real
336

 

South African Rand
317

 

Total notional amounts
$
11,911

 
$
8,223

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

 
 
March 31, 2016
 
March 31, 2015
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign exchange contract forwards
 
$
5

$
25

 
$
87

$
110

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table summarizes the aggregate unrealized loss in accumulated other comprehensive loss, and the losses reclassified into earnings for the fiscal years ended March 31, 2016 and 2015:
 
Year Ended March 31, 2016
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized gain/(loss) at beginning of the period
$
(746
)
 
$
(261
)
 
$
(485
)
Add: gain/(loss) from change in fair value of cash flow hedge
(1,439
)
 
(504
)
 
(935
)
Less: loss reclassified into earnings from effective hedge
(872
)
 
(305
)
 
(567
)
Less: ineffective portion of hedge transferred into earnings
(44
)
 
(16
)
 
(28
)
Unrealized loss at end of the period
$
(1,269
)
 
$
(444
)
 
$
(825
)

 
Year Ended March 31, 2015
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized gain/(loss) at beginning of the period
$
(125
)
 
$
(44
)
 
$
(81
)
Add: gain/(loss) from change in fair value of cash flow hedge
(1,755
)
 
(614
)
 
(1,141
)
Less: loss reclassified into earnings from effective hedge
(1,090
)
 
(382
)
 
(708
)
Less: ineffective portion of hedge transferred into earnings
(44
)
 
(15
)
 
(29
)
Unrealized loss at end of the period
$
(746
)
 
$
(261
)
 
$
(485
)