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
)