Note 5 - Fair Value - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($)
$ in Thousands

Sep. 30, 2019

Mar. 31, 2019

Assets held in the non-qualified deferred compensation program

^[1]

$ 5,702

$ 4,693

Foreign currency derivatives

^[2]

1,106

853

Assets measured at fair value, Total

6,808

5,546

^[1]

5,702

4,693

Foreign currency derivatives liabilities

^[2]

1,660

588

Liabilities measured at fair value, Total

7,362

5,281

Fair Value, Inputs, Level 1 [Member]

Assets held in the non-qualified deferred compensation program

^[1]

4,058

3,265

Foreign currency derivatives

^[2]

Assets measured at fair value, Total

4,058

3,265

^[1]

4,058

3,265

Foreign currency derivatives liabilities

^[2]

Liabilities measured at fair value, Total

4,058

3,265

Fair Value, Inputs, Level 2 [Member]

Assets held in the non-qualified deferred compensation program

^[1]

1,644

1,428

Foreign currency derivatives

^[2]

1,106

853

Assets measured at fair value, Total

2,750

2,281

^[1]

1,644

1,428

Foreign currency derivatives liabilities

^[2]

1,660

588

Liabilities measured at fair value, Total

3,304

2,016

Fair Value, Inputs, Level 3 [Member]

Assets held in the non-qualified deferred compensation program

^[1]

Foreign currency derivatives

^[2]

Assets measured at fair value, Total

^[1]

Foreign currency derivatives liabilities

^[2]

Liabilities measured at fair value, Total

$ 0

[1]

The market value of the assets held in the trust for the non-qualified deferred compensation program is included as an asset and as a liability as the trust’s assets are both assets of the Company and also a liability as they are available to general creditors in certain circumstances.

[2]

Foreign currency derivatives in the form of forward contracts are included in prepaid and other assets or accrued expenses in the consolidated balance sheets. Unrealized gains and losses on derivatives designated as cash flow hedges are recorded in other comprehensive income (loss). Realized gains and losses on derivatives designated as cash flow hedges and gains and losses on derivatives not designated as hedges are recorded in other income.

AVX Corp 10-Q