Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
 12 Months Ended
Mar. 31, 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 follows:
 
March 31, 2017
 
March 31, 2016
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Assets
 
 
 
 
 
 
 
 
 
Certificates of deposits with maturities greater than 90 days
$
44,786

 
$
44,786

 
$
—

 
$
—

 
Level 2 - Market Approach
Financial Liabilities
 

 
 

 
 

 
 

 
 
Outstanding principal amount of senior secured credit facility
$
81,000

 
$
81,000

 
$
94,500

 
$
94,500

 
Level 2 - Market Approach
 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
As of March 31, 2017 and 2016, the notional amounts of forward contracts were as follows:
Notional amount of foreign exchange forward contracts by currency
 
March 31, 2017
 
March 31, 2016
Russian Ruble
$
250

 
$
1,237

Euro
—

 
4,224

Canadian Dollar
—

 
534

South Korean Won
1,300

 
3,050

Mexican Peso
450

 
837

Australian Dollar
375

 
1,042

Chinese Renminbi
—

 
334

Brazilian Real
—

 
336

South African Rand
—

 
317

Total notional amounts
$
2,375

 
$
11,911

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]
 
 
March 31, 2017
 
March 31, 2016
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign exchange contract forwards
 
$
62

$
10

 
$
5

$
25

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, 2017 and 2016:
 
Year Ended March 31, 2017
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Other Comprehensive loss, net
Unrealized gain/(loss) at beginning of the period
$
(1,269
)
 
$
(444
)
 
$
(825
)
Add: gain/(loss) from change in fair value of cash flow hedge
673

 
235

 
438

Less: loss reclassified into earnings from effective hedge
(498
)
 
(174
)
 
(324
)
Less: ineffective portion of hedge transferred into earnings
(44
)
 
(16
)
 
(28
)
Unrealized loss at end of the period
$
(54
)
 
$
(19
)
 
$
(35
)

 
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
)