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Segment and Geographic Information (Tables) | 12 Months Ended
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Mar. 31, 2015
Segment and Geographic Information [Abstract] |
Net sales, gross profit, operating income and total assets by segment | The following is a summary of net sales, gross profit, and operating income by segment:
|  | Years ended March 31, |
Net sales: |  | 2015 |  |  | 2014 |  |  | 2013 |
North America |  | $ | 573.5 |  |  | $ | 568.7 |  |  | $ | 564.5 |
Europe |  |  | 578.2 |  |  |  | 584.4 |  |  |  | 498.0 |
South America |  |  | 93.9 |  |  |  | 122.7 |  |  |  | 133.8 |
Asia |  |  | 81.2 |  |  |  | 71.5 |  |  |  | 59.5 |
Building HVAC |  |  | 186.3 |  |  |  | 146.5 |  |  |  | 139.3 |
Segment total |  |  | 1,513.1 |  |  |  | 1,493.8 |  |  |  | 1,395.1 |
Corporate and eliminations |  |  | (16.7 | ) |  |  | (16.2 | ) |  |  | (19.1 | )
Net sales |  | $ | 1,496.4 |  |  | $ | 1,477.6 |  |  | $ | 1,376.0 |
|  | Years ended March 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Gross profit: |  | $'s |  |  | % of sales |  |  | $'s |  |  | % of sales |  |  | $'s |  |  | % of sales |
North America |  | $ | 97.0 |  |  |  | 16.9 | % |  | $ | 93.5 |  |  |  | 16.4 | % |  | $ | 81.4 |  |  |  | 14.4 | %
Europe |  |  | 68.7 |  |  |  | 11.9 | % |  |  | 70.8 |  |  |  | 12.1 | % |  |  | 61.0 |  |  |  | 12.3 | %
South America |  |  | 12.1 |  |  |  | 12.8 | % |  |  | 20.8 |  |  |  | 16.9 | % |  |  | 22.5 |  |  |  | 16.8 | %
Asia |  |  | 11.5 |  |  |  | 14.2 | % |  |  | 8.9 |  |  |  | 12.5 | % |  |  | 1.7 |  |  |  | 2.8 | %
Building HVAC |  |  | 55.9 |  |  |  | 30.0 | % |  |  | 43.4 |  |  |  | 29.6 | % |  |  | 40.8 |  |  |  | 29.3 | %
Segment total |  |  | 245.2 |  |  |  | 16.2 | % |  |  | 237.4 |  |  |  | 15.9 | % |  |  | 207.4 |  |  |  | 14.9 | %
Corporate and eliminations |  |  | 1.3 |  |  |  | - |  |  |  | 0.8 |  |  |  | - |  |  |  | 1.2 |  |  |  | - |
Gross profit |  | $ | 246.5 |  |  |  | 16.5 | % |  | $ | 238.2 |  |  |  | 16.1 | % |  | $ | 208.6 |  |  |  | 15.2 | %
|  | Years ended March 31, |
Operating income: |  | 2015 |  |  | 2014 |  |  | 2013 |
North America |  | $ | 45.9 |  |  | $ | 42.1 |  |  | $ | 39.2 |
Europe |  |  | 25.7 |  |  |  | 9.6 |  |  |  | (25.4 | )
South America |  |  | (12.3 | ) |  |  | 7.5 |  |  |  | 11.2 |
Asia |  |  | 0.3 |  |  |  | (3.3 | ) |  |  | (8.8 | )
Building HVAC |  |  | 19.1 |  |  |  | 9.4 |  |  |  | 10.0 |
Segment total |  |  | 78.7 |  |  |  | 65.3 |  |  |  | 26.2 |
Corporate and eliminations |  |  | (26.0 | ) |  |  | (28.1 | ) |  |  | (26.8 | )
Operating income (loss) |  | $ | 52.7 |  |  | $ | 37.2 |  |  | $ | (0.6 | )
The following is a summary of total assets by segment:
|  | March 31, |
|  | 2015 |  |  | 2014 |
North America |  | $ | 231.8 |  |  | $ | 218.1 |
Europe |  |  | 283.1 |  |  |  | 367.9 |
South America |  |  | 46.5 |  |  |  | 80.1 |
Asia |  |  | 92.4 |  |  |  | 92.8 |
Building HVAC |  |  | 131.4 |  |  |  | 132.7 |
Corporate and eliminations |  |  | 146.4 |  |  |  | 140.7 |
Total assets |  | $ | 931.6 |  |  | $ | 1,032.3 |
Summary of capital expenditures and depreciation and amortization expense by segment | The following is a summary of capital expenditures and depreciation and amortization expense by segment:
|  | Years ended March 31, |
Capital expenditures: |  | 2015 |  |  | 2014 |  |  | 2013 |
North America |  | $ | 25.9 |  |  | $ | 18.9 |  |  | $ | 19.0 |
Europe |  |  | 21.5 |  |  |  | 22.9 |  |  |  | 16.5 |
South America |  |  | 4.3 |  |  |  | 5.7 |  |  |  | 3.4 |
Asia |  |  | 3.8 |  |  |  | 4.6 |  |  |  | 7.8 |
Building HVAC |  |  | 2.8 |  |  |  | 1.0 |  |  |  | 3.1 |
Total capital expenditures |  | $ | 58.3 |  |  | $ | 53.1 |  |  | $ | 49.8 |
|  | Years ended March 31, |
Depreciation and amortization expense: |  | 2015 |  |  | 2014 |  |  | 2013 |
North America |  | $ | 18.1 |  |  | $ | 19.3 |  |  | $ | 20.1 |
Europe |  |  | 19.8 |  |  |  | 26.6 |  |  |  | 23.4 |
South America |  |  | 3.2 |  |  |  | 3.3 |  |  |  | 3.7 |
Asia |  |  | 7.2 |  |  |  | 6.7 |  |  |  | 6.4 |
Building HVAC |  |  | 3.3 |  |  |  | 2.2 |  |  |  | 2.2 |
Total depreciation and amortization expense |  | $ | 51.6 |  |  | $ | 58.1 |  |  | $ | 55.8 |
Summary of net sales and long-lived assets by geographical area | The following is a summary of net sales by geographical area, based upon the location of the selling unit:
|  | Years ended March 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
United States |  | $ | 669.3 |  |  | $ | 645.7 |  |  | $ | 637.4 |
Germany |  |  | 193.8 |  |  |  | 229.5 |  |  |  | 214.8 |
Hungary |  |  | 161.0 |  |  |  | 150.3 |  |  |  | 117.6 |
Austria |  |  | 118.7 |  |  |  | 109.8 |  |  |  | 97.7 |
Brazil |  |  | 93.2 |  |  |  | 122.0 |  |  |  | 128.8 |
Other |  |  | 260.4 |  |  |  | 220.3 |  |  |  | 179.7 |
Net sales |  | $ | 1,496.4 |  |  | $ | 1,477.6 |  |  | $ | 1,376.0 |
Summary of property, plant and equipment by geographical area | The following is a summary of property, plant and equipment by geographical area:
|  | March 31, |
|  | 2015 |  |  | 2014 |
United States |  | $ | 105.0 |  |  | $ | 100.7 |
Germany |  |  | 66.0 |  |  |  | 81.8 |
Other European countries |  |  | 79.9 |  |  |  | 100.0 |
China |  |  | 36.3 |  |  |  | 38.9 |
Other |  |  | 34.9 |  |  |  | 38.2 |
Total property, plant and equipment |  | $ | 322.1 |  |  | $ | 359.6 |
Summary of net sales by product type | The following is a summary of net sales by product type:
|  | Years ended March 31, |
|  | 2015 |  |  | 2014 |  |  | 2013 |
Modules/assemblies |  | $ | 367.5 |  |  | $ | 379.9 |  |  | $ | 358.5 |
Oil coolers |  |  | 233.0 |  |  |  | 215.4 |  |  |  | 194.1 |
HVAC equipment |  |  | 199.6 |  |  |  | 159.5 |  |  |  | 151.8 |
EGR coolers |  |  | 183.5 |  |  |  | 172.5 |  |  |  | 136.1 |
Charge air coolers |  |  | 148.9 |  |  |  | 157.0 |  |  |  | 161.8 |
Condensers |  |  | 140.0 |  |  |  | 129.2 |  |  |  | 128.8 |
Radiators |  |  | 124.8 |  |  |  | 129.0 |  |  |  | 134.4 |
Other |  |  | 99.1 |  |  |  | 135.1 |  |  |  | 110.5 |
Net sales |  | $ | 1,496.4 |  |  | $ | 1,477.6 |  |  | $ | 1,376.0 |

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