Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.8.0.1
Fair Value Measurements (Tables)
 6 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Schedule of long-term debt that is not measured at fair value
Information about our investments and long-term debt that is not measured at fair value is as follows:
 
September 30, 2017
 
March 31, 2017
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Assets
 
 
 

 
 

 
 

 
 
Certificates of deposits with maturities greater than 90 days
$
5,066

 
$
5,066

 
$
44,786

 
$
44,786

 
Level 2 - Market Approach
Financial Liabilities
 

 
 

 
 

 
 

 
 
Outstanding principal amount of senior secured credit facility
$
70,875

 
$
70,875

 
$
81,000

 
$
81,000

 
Level 2 - Market Approach
 
Schedule of notional amounts of forward contracts held in foreign currencies
As of September 30, 2017 and March 31, 2017, the notional amounts of forward contracts were as follows:
Notional amount of foreign currency forward contracts by currency
 
September 30, 2017
 
March 31, 2017
Russian Ruble
$
2,000

 
$
250

Euro
500

 
—

South Korean Won
2,000

 
1,300

Mexican Peso
450

 
450

Australian Dollar
500

 
375

Total notional amounts
$
5,450

 
$
2,375

Schedule of fair value of foreign currency forward contracts
The following table represents the fair value of our foreign currency forward contracts:
 
 
September 30, 2017
 
March 31, 2017
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign currency forward contracts
 
$
—

$
61

 
$
62

$
10

Schedule of unrealized gain (loss) in accumulated other comprehensive loss
The following table summarizes the aggregate unrealized loss in accumulated other comprehensive loss, and the losses reclassified into earnings for the three months ended September 30, 2017 and 2016:
 
Three months ended September 30, 2017
 
Three Months Ended September 30, 2016
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized loss at beginning of the period
$
(56
)
 
$
(20
)
 
$
(36
)
 
$
(1,470
)
 
$
(514
)
 
$
(956
)
Add: gain from change in fair value of cash flow hedge
16

 
5

 
11

 
294

 
102

 
192

Less: gain (loss) reclassified into earnings from effective hedge
13

 
4

 
9

 
(142
)
 
(50
)
 
(92
)
Less: ineffective portion of hedge transferred into earnings
(11
)
 
(4
)
 
(7
)
 
(11
)
 
(4
)
 
(7
)
Unrealized loss at end of the period
$
(42
)
 
$
(15
)
 
$
(27
)
 
$
(1,023
)
 
$
(358
)
 
$
(665
)

 
Six Months Ended September 30, 2017
 
Six Months Ended September 30, 2016
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized loss at beginning of the period
$
(53
)
 
$
(19
)
 
$
(34
)
 
$
(1,269
)
 
$
(444
)
 
$
(825
)
Add: loss from change in fair value of cash flow hedge
(30
)
 
(11
)
 
(19
)
 
(75
)
 
(27
)
 
(48
)
Less: loss reclassified into earnings from effective hedge
(19
)
 
(7
)
 
(12
)
 
(299
)
 
(105
)
 
(194
)
Less: ineffective portion of hedge transferred into earnings
(22
)
 
(8
)
 
(14
)
 
(22
)
 
(8
)
 
(14
)
Unrealized loss at end of the period
$
(42
)
 
$
(15
)
 
$
(27
)
 
$
(1,023
)
 
$
(358
)
 
$
(665
)