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Subsequent Events | 3 Months Ended
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Jun. 30, 2026
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTS Common Stock Dividend - Subsequent to the end of the quarter, the Company declared a quarterly cash dividend of $0.20 per share of common stock. The dividend is payable on September 15, 2026, to stockholders of record at the close of business on September 1, 2026. Share Repurchase Program - Subsequent to the end of the quarter, 0.4 million shares of common stock at a cost of $53.1 million were repurchased under the Board of Directors’ authorization. Sale of Teco - In July 2026, the Company completed the sale of Teco S.r.l. and Teco Irrigation USA (“Teco”). As of June 30, 2026, Teco was reported as held for sale on the Consolidated Balance Sheet and its results were reported as loss from discontinued operations, net of tax, on the Consolidated Statement of Operations. The sale resulted in a loss of $4.0 million included in discontinued operations, net of tax, for the three months ended June 30, 2026.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/855/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483399/855-10-50-2 + Details
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