XML 74 R38.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Segment Information (Tables) | 9 Months Ended
--- | ---
Dec. 31, 2013
Segment Information [Abstract] |
Net sales, gross profit, operating income and total assets by segment: | The following is a summary of net sales, gross profit, operating income, and total assets by segment:
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 128.9 |  |  | $ | 128.2 |  |  | $ | 423.6 |  |  | $ | 425.2 |
Europe |  |  | 140.5 |  |  |  | 115.7 |  |  |  | 425.6 |  |  |  | 359.9 |
South America |  |  | 27.4 |  |  |  | 31.7 |  |  |  | 93.6 |  |  |  | 97.1 |
Asia |  |  | 17.1 |  |  |  | 13.2 |  |  |  | 51.6 |  |  |  | 42.8 |
Commercial Products |  |  | 37.0 |  |  |  | 41.3 |  |  |  | 104.2 |  |  |  | 105.3 |
Segment net sales |  |  | 350.9 |  |  |  | 330.1 |  |  |  | 1,098.6 |  |  |  | 1,030.3 |
Corporate and eliminations |  |  | (3.9 | ) |  |  | (4.0 | ) |  |  | (11.6 | ) |  |  | (13.9 | )
Net sales |  | $ | 347.0 |  |  | $ | 326.1 |  |  | $ | 1,087.0 |  |  | $ | 1,016.4 |
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Gross profit: |  |  |  |  | % of sales |  |  |  |  |  | % of sales |  |  |  |  |  | % of sales |  |  |  |  |  | % of sales |
North America |  | $ | 20.0 |  |  |  | 15.5 | % |  | $ | 17.3 |  |  |  | 13.5 | % |  | $ | 70.5 |  |  |  | 16.6 | % |  | $ | 59.4 |  |  |  | 14.0 | %
Europe |  |  | 17.2 |  |  |  | 12.2 | % |  |  | 12.1 |  |  |  | 10.4 | % |  |  | 51.2 |  |  |  | 12.0 | % |  |  | 44.7 |  |  |  | 12.4 | %
South America |  |  | 4.5 |  |  |  | 16.3 | % |  |  | 5.6 |  |  |  | 17.5 | % |  |  | 16.4 |  |  |  | 17.5 | % |  |  | 16.1 |  |  |  | 16.5 | %
Asia |  |  | 2.0 |  |  |  | 11.7 | % |  |  | - |  |  |  | 0.2 | % |  |  | 6.1 |  |  |  | 11.8 | % |  |  | 0.5 |  |  |  | 1.1 | %
Commercial Products |  |  | 13.1 |  |  |  | 35.5 | % |  |  | 13.1 |  |  |  | 31.6 | % |  |  | 31.4 |  |  |  | 30.1 | % |  |  | 31.1 |  |  |  | 29.5 | %
Segment gross profit |  |  | 56.8 |  |  |  | 16.2 | % |  |  | 48.1 |  |  |  | 14.6 | % |  |  | 175.6 |  |  |  | 16.0 | % |  |  | 151.8 |  |  |  | 14.7 | %
Corporate and eliminations |  |  | - |  |  |  | - |  |  |  | 0.1 |  |  |  | - |  |  |  | 0.3 |  |  |  | - |  |  |  | 0.7 |  |  |  | - |
Gross profit |  | $ | 56.8 |  |  |  | 16.4 | % |  | $ | 48.2 |  |  |  | 14.8 | % |  | $ | 175.9 |  |  |  | 16.2 | % |  | $ | 152.5 |  |  |  | 15.0 | %
|  | Three months ended December 31, |  |  | Nine months ended December 31, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 8.7 |  |  | $ | 8.2 |  |  | $ | 34.7 |  |  | $ | 28.9 |
Europe (a) |  |  | (5.3 | ) |  |  | (7.9 | ) |  |  | 6.0 |  |  |  | (22.6 | )
South America |  |  | 1.1 |  |  |  | 2.6 |  |  |  | 6.2 |  |  |  | 7.6 |
Asia |  |  | (0.6 | ) |  |  | (2.5 | ) |  |  | (2.0 | ) |  |  | (7.1 | )
Commercial Products |  |  | 5.3 |  |  |  | 4.7 |  |  |  | 7.5 |  |  |  | 8.3 |
Segment operating income |  |  | 9.2 |  |  |  | 5.1 |  |  |  | 52.4 |  |  |  | 15.1 |
Corporate and eliminations (a) |  |  | (8.3 | ) |  |  | (8.9 | ) |  |  | (21.9 | ) |  |  | (21.8 | )
Operating income (loss) |  | $ | 0.9 |  |  | $ | (3.8 | ) |  | $ | 30.5 |  |  | $ | (6.7 | )
|  | December 31, 2013 |  |  | March 31, 2013 |
Total assets: |  |  |  |  |  |
North America |  | $ | 202.3 |  |  | $ | 218.3 |
Europe |  |  | 354.8 |  |  |  | 332.2 |
South America |  |  | 75.9 |  |  |  | 91.8 |
Asia |  |  | 92.9 |  |  |  | 91.3 |
Commercial Products (b) |  |  | 133.7 |  |  |  | 73.7 |
Corporate and eliminations |  |  | 29.9 |  |  |  | 11.5 |
Total assets |  | $ | 889.5 |  |  | $ | 818.8 |
(a) | Segment operating income for fiscal 2013 has been recast to conform to the fiscal 2014 presentation. The Company has modified its internal financial reporting of intercompany charges for research and development and intercompany royalties between Corporate and the Europe segment. For the three and nine months ended December 31, 2012, the impact was $2.2 million and $6.8 million, respectively. There was no impact on the total Company financial results.
(b) | Total assets within the Commercial Products segment included receivables and cash advances from the Company’s insurance provider related to the Airedale fire, which totaled $50.0 million as of December 31, 2013. See Note 2 for additional information.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration