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Segment Information
 6 Months Ended
Sep. 30, 2014
Segment Information [Abstract]  
Segment Information
Note 17: Segment Information

During the first quarter of fiscal 2015, the Company changed the name of its Commercial Products segment to Building HVAC in order to better reflect the nature of the segment’s product lines.  There were no changes to the operations or reported financial results of the segment as a result.  The following is a summary of net sales, gross profit, operating income, and total assets by segment:

  
Three months ended
September 30,
  
Six months ended
September 30,
 
Net sales:
 
2014
  
2013
  
2014
  
2013
 
North America
 
$
143.8
  
$
146.0
  
$
295.5
  
$
294.7
 
Europe
  
146.4
   
138.9
   
305.0
   
285.1
 
South America
  
27.2
   
31.8
   
52.4
   
66.2
 
Asia
  
19.0
   
16.2
   
39.8
   
34.5
 
Building HVAC
  
45.5
   
34.8
   
86.2
   
67.2
 
Segment net sales
  
381.9
   
367.7
   
778.9
   
747.7
 
Corporate and eliminations
  
(4.6
)
  
(3.5
)
  
(9.1
)
  
(7.7
)
Net sales
 
$
377.3
  
$
364.2
  
$
769.8
  
$
740.0
 
 
  
Three months ended
 September 30,
  
Six months ended
 September 30,
 
  
2014
  
2013
  
2014
  
2013
 
Gross profit:
 
$'s
  
% of
sales
  
$'s
  
% of
sales
  
$'s
  
% of
sales
  
$'s
  
% of
sales
 
North America
 
$
20.9
   
14.5
%
 
$
25.0
   
17.1
%
 
$
49.0
   
16.6
%
 
$
50.5
   
17.1
%
Europe
  
16.7
   
11.4
%
  
14.7
   
10.6
%
  
38.9
   
12.8
%
  
34.0
   
11.9
%
South America
  
3.6
   
13.4
%
  
5.8
   
18.2
%
  
7.1
   
13.6
%
  
11.9
   
18.0
%
Asia
  
2.1
   
11.1
%
  
1.8
   
10.7
%
  
5.7
   
14.3
%
  
4.1
   
11.8
%
Building HVAC
  
13.2
   
29.2
%
  
9.8
   
28.1
%
  
23.1
   
26.9
%
  
18.3
   
27.2
%
Segment gross profit
  
56.5
   
14.8
%
  
57.1
   
15.5
%
  
123.8
   
15.9
%
  
118.8
   
15.9
%
Corporate and eliminations
  
0.2
   
-
   
0.1
   
-
   
0.6
   
-
   
0.3
   
-
 
Gross profit
 
$
56.7
   
15.0
%
 
$
57.2
   
15.7
%
 
$
124.4
   
16.2
%
 
$
119.1
   
16.1
%
 
  
Three months ended
September 30,
  
Six months ended
September 30,
 
Operating income:
 
2014
  
2013
  
2014
  
2013
 
North America
 
$
7.9
  
$
11.7
  
$
24.0
  
$
26.0
 
Europe
  
4.6
   
3.3
   
15.0
   
11.3
 
South America
  
0.3
   
2.5
   
0.1
   
5.1
 
Asia
  
(0.7
)
  
(1.1
)
  
0.2
   
(1.4
)
Building HVAC
  
3.2
   
1.2
   
6.4
   
2.2
 
Segment operating income
  
15.3
   
17.6
   
45.7
   
43.2
 
Corporate and eliminations
  
(7.4
)
  
(7.0
)
  
(13.7
)
  
(13.6
)
Operating income
 
$
7.9
  
$
10.6
  
$
32.0
  
$
29.6
 

  
September 30, 2014
  
March 31, 2014
 
Total assets:
    
North America
 
$
225.4
  
$
218.1
 
Europe
  
336.9
   
367.9
 
South America
  
73.2
   
80.1
 
Asia
  
92.7
   
92.8
 
Building HVAC
  
150.5
   
132.7
 
Corporate and eliminations
  
133.5
   
140.7
 
Total assets
 
$
1,012.2
  
$
1,032.3