Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.3.1.900
Fair Value Measurements (Tables)
 9 Months Ended
Dec. 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 is as follows:
 
December 31, 2015
 
March 31, 2015
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Liabilities
 

 
 

 
 

 
 

 
 
Long-term debt
$
97,875

 
$
97,875

 
$
108,000

 
$
108,000

 
Level 2 - Market Approach
Revolving credit facility
$
5,000

 
$
5,000

 
—

 
—

 
Level 2 - Market Approach
 
Schedule of notional amounts of forward contracts held in foreign currencies
As of December 31, 2015 and March 31, 2015, the notional amounts of forward contracts were as follows:
Notional amount of foreign currency forward contracts by currency
 
December 31, 2015
 
March 31, 2015
Russian Ruble
$
1,925

 
$
1,374

Euro
2,315

 
467

Canadian Dollar
1,019

 
243

South Korean Won
2,337

 
3,347

Mexican Peso
785

 
873

Australian Dollar
1,249

 
1,104

Japanese Yen
348

 
815

Brazilian Real
348

 
—

Total notional amounts
$
10,326

 
$
8,223

Schedule of fair value of foreign currency forward contracts
The following table represents the fair value of our foreign currency forward contracts:
 
 
December 31, 2015
 
March 31, 2015
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign currency forward contracts
 
$
36

$
34

 
$
87

$
110

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 and nine months ended December 31, 2015 and 2014:
 
 Three Months Ended December 31, 2015
 
Three Months Ended December 31, 2014
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized gain (loss) at beginning of the period
$
(956
)
 
$
(335
)
 
$
(621
)
 
$
108

 
$
38

 
$
70

Add: gain (loss) from change in fair value of cash flow hedge
340

 
119

 
221

 
(745
)
 
(261
)
 
(484
)
Less: loss reclassified into earnings from effective hedge
(222
)
 
(78
)
 
(144
)
 
(417
)
 
(146
)
 
(271
)
Less: ineffective portion of hedge transferred into earnings
(11
)
 
(4
)
 
(7
)
 
(17
)
 
(6
)
 
(11
)
Unrealized gain (loss) at end of the period
$
(383
)
 
$
(134
)
 
$
(249
)
 
$
(203
)
 
$
(71
)
 
$
(132
)

 
Nine Months Ended December 31, 2015
 
Nine Months Ended December 31, 2014
 
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
$
(746
)
 
$
(261
)
 
$
(485
)
 
$
(125
)
 
$
(44
)
 
$
(81
)
Add: gain (loss) from change in fair value of cash flow hedge
(380
)
 
(133
)
 
(247
)
 
(1,412
)
 
(494
)
 
(918
)
Less: loss reclassified into earnings from effective hedge
(710
)
 
(248
)
 
(462
)
 
(1,283
)
 
(449
)
 
(834
)
Less: ineffective portion of hedge transferred into earnings
(33
)
 
(12
)
 
(21
)
 
(51
)
 
(18
)
 
(33
)
Unrealized gain (loss) at end of the period
$
(383
)
 
$
(134
)
 
$
(249
)
 
$
(203
)
 
$
(71
)
 
$
(132
)