Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.5.0.2
Fair Value Measurements (Tables)
 6 Months Ended
Sep. 30, 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 is as follows:
 
September 30, 2016
 
March 31, 2016
 
 
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
 
Valuation Technique
Financial Liabilities
 

 
 

 
 

 
 

 
 
Outstanding principal amount of senior secured credit facility
$
87,750

 
$
87,750

 
$
94,500

 
$
94,500

 
Level 2 - Market Approach
 
Schedule of notional amounts of forward contracts held in foreign currencies
As of September 30, 2016 and March 31, 2016, the notional amounts of forward contracts were as follows:
Notional amount of foreign currency forward contracts by currency
 
September 30, 2016
 
March 31, 2016
Russian Ruble
$
1,492

 
$
1,237

Euro
1,279

 
4,224

Canadian Dollar
—

 
534

South Korean Won
2,294

 
3,050

Mexican Peso
1,250

 
837

Australian Dollar
536

 
1,042

Chinese Renminbi
149

 
334

Brazilian Real
345

 
336

South African Rand
—

 
317

Total notional amounts
$
7,345

 
$
11,911

Schedule of fair value of foreign currency forward contracts
The following table represents the fair value of our foreign currency forward contracts:
 
 
September 30, 2016
 
March 31, 2016
 
 
Fair Value
 
Fair Value
 
 
Assets
Liabilities
 
Assets
Liabilities
Foreign currency forward contracts
 
$
6

$
8

 
$
5

$
25

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, 2016 and 2015:
 
 Three Months Ended September 30, 2016
 
 Three Months Ended September 30, 2015
 
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
$
(1,470
)
 
$
(514
)
 
$
(956
)
 
$
(589
)
 
$
(206
)
 
$
(383
)
Add: gain (loss) from change in fair value of cash flow hedge
294

 
102

 
192

 
(614
)
 
(215
)
 
(399
)
Less: loss reclassified into earnings from effective hedge
(142
)
 
(50
)
 
(92
)
 
(236
)
 
(82
)
 
(154
)
Less: ineffective portion of hedge transferred into earnings
(11
)
 
(4
)
 
(7
)
 
(11
)
 
(4
)
 
(7
)
Unrealized loss at end of the period
$
(1,023
)
 
$
(358
)
 
$
(665
)
 
$
(956
)
 
$
(335
)
 
$
(621
)
The following table summarizes the aggregate unrealized loss in accumulated other comprehensive loss, and the losses reclassified into earnings for the six months ended September 30, 2016 and 2015:
 
Six Months Ended September 30, 2016
 
Six Months Ended September 30, 2015
 
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
$
(1,269
)
 
$
(444
)
 
$
(825
)
 
$
(746
)
 
$
(261
)
 
$
(485
)
Add: loss from change in fair value of cash flow hedge
(75
)
 
(27
)
 
(48
)
 
(720
)
 
(252
)
 
(468
)
Less: loss reclassified into earnings from effective hedge
(299
)
 
(105
)
 
(194
)
 
(488
)
 
(170
)
 
(318
)
Less: ineffective portion of hedge transferred into earnings
(22
)
 
(8
)
 
(14
)
 
(22
)
 
(8
)
 
(14
)
Unrealized loss at end of the period
$
(1,023
)
 
$
(358
)
 
$
(665
)
 
$
(956
)
 
$
(335
)
 
$
(621
)