The following table summarizes the effect of foreign currency exchange contracts designated as cash flow hedging relationships: | | | | | | | | Six Months Ended
September 30, | | | 2016 | | 2015 | Derivatives in designated cash flow hedging relationships | | Foreign currency exchange contracts | | Foreign currency exchange contracts | Amount of gain (loss) recognized in other comprehensive income on derivatives (effective portion) | | $4,903 | | $(1,498) | Location of amount reclassified from accumulated other comprehensive income into income (effective portion) | | Net sales | | Net sales | Amount of gain (loss) reclassified from accumulated other comprehensive income into income (effective portion) | | $1,676 | | $(794) | Location of amount excluded from effectiveness testing | | Selling, general and administrative expenses | | Selling, general and administrative expenses | Amount of gain excluded from effectiveness testing | | $355 | | $66 |
The following table summarizes the effect of foreign currency exchange contracts not designated as hedging instruments: | | | | | | | | Six Months Ended
September 30, | | | 2016 | | 2015 | Derivatives not designated as hedging instruments | | Foreign currency exchange contracts | | Foreign currency exchange contracts | Location of amount recognized in income on derivatives | | Selling, general and administrative expenses | | Selling, general and administrative expenses | Amount of loss recognized in income on derivatives | | $(881) | | $(461) |
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