Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v2.4.1.9
Fair Value Measurements (Tables)
 12 Months Ended
Mar. 31, 2015
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, 2015
 
March 31, 2014
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Liabilities
 
 
 
 
 
 
 
 
 
Senior secured credit facility
$108,000
 
$108,000
 
$121,500
 
$121,500
 
Level 2 - Market Approach
 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
As of March 31, 2015 and 2014, the notional amounts of forward contracts were as follows:
Notional amount of foreign exchange forward contracts by currency
 
March 31, 2015
 
March 31, 2014
Russian Ruble
$
1,374

 
$
772

Euro
467

 
2,386

Canadian Dollar
243

 
—

South Korean Won
3,347

 
532

Indian Rupee
—

 
2,574

Mexican Peso
873

 
1,077

Australian Dollar
1,104

 
147

Japanese Yen
815

 
296

Great Britain Pound
—

 
202

Chinese Renminbi
—

 
192

Total notional amounts
$
8,223

 
$
8,178

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

 
 
March 31, 2015
 
March 31, 2014
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign exchange contract forwards
 
$
87

$
110

 
$
35

$
93

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, 2015 and 2014:
 
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
)

 
Year Ended March 31, 2014
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized gain/(loss) at beginning of the period
$
—

 
$
—

 
$
—

Add: gain/(loss) from change in fair value of cash flow hedge
(1,060
)
 
(371
)
 
(689
)
Add: non-fair value derivative asset transferred into accumulated other comprehensive income
(325
)
 
(114
)
 
(211
)
Less: loss reclassified into earnings from effective hedge
(1,226
)
 
(429
)
 
(797
)
Less: ineffective portion of hedge transferred into earnings
(34
)
 
(12
)
 
(22
)
Unrealized loss at end of the period
$
(125
)
 
$
(44
)
 
$
(81
)