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Segment Information
 9 Months Ended
Dec. 31, 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
December 31,
  
Nine months ended
December 31,
 
Net sales:
 
2014
  
2013
  
2014
  
2013
 
North America
 
$
131.8
  
$
128.9
  
$
427.3
  
$
423.6
 
Europe
  
137.2
   
140.5
   
442.2
   
425.6
 
South America
  
21.5
   
27.4
   
73.9
   
93.6
 
Asia
  
20.2
   
17.1
   
60.0
   
51.6
 
Building HVAC
  
56.3
   
37.0
   
142.5
   
104.2
 
Segment net sales
  
367.0
   
350.9
   
1,145.9
   
1,098.6
 
Corporate and eliminations
  
(3.4
)
  
(3.9
)
  
(12.5
)
  
(11.6
)
Net sales
 
$
363.6
  
$
347.0
  
$
1,133.4
  
$
1,087.0
 
 
  
Three months ended
 December 31,
  
Nine months ended
 December 31,
 
  
2014
  
2013
  
2014
  
2013
 
Gross profit:
 
$'s
  
% of
sales
  
$'s
  
% of
sales
  
$'s
  
% of
sales
  
$'s
  
% of
sales
 
North America
 
$
20.3
   
15.4
%
 
$
20.0
   
15.5
%
 
$
69.3
   
16.2
%
 
$
70.5
   
16.6
%
Europe
  
14.1
   
10.3
%
  
17.2
   
12.2
%
  
53.0
   
12.0
%
  
51.2
   
12.0
%
South America
  
2.2
   
10.0
%
  
4.5
   
16.3
%
  
9.3
   
12.5
%
  
16.4
   
17.5
%
Asia
  
2.7
   
13.6
%
  
2.0
   
11.7
%
  
8.4
   
14.1
%
  
6.1
   
11.8
%
Building HVAC
  
19.6
   
34.7
%
  
13.1
   
35.5
%
  
42.7
   
30.0
%
  
31.4
   
30.1
%
Segment gross profit
  
58.9
   
16.0
%
  
56.8
   
16.2
%
  
182.7
   
15.9
%
  
175.6
   
16.0
%
Corporate and eliminations
  
0.5
   
-
   
-
   
-
   
1.1
   
-
   
0.3
   
-
 
Gross profit
 
$
59.4
   
16.4
%
 
$
56.8
   
16.4
%
 
$
183.8
   
16.2
%
 
$
175.9
   
16.2
%

  
Three months ended
December 31,
  
Nine months ended
December 31,
 
Operating income:
 
2014
  
2013
  
2014
  
2013
 
North America
 
$
6.9
  
$
8.7
  
$
30.9
  
$
34.7
 
Europe
  
5.9
   
(5.3
)
  
20.9
   
6.0
 
South America
  
(1.3
)
  
1.1
   
(1.2
)
  
6.2
 
Asia
  
(0.3
)
  
(0.6
)
  
(0.1
)
  
(2.0
)
Building HVAC
  
9.8
   
5.3
   
16.2
   
7.5
 
Segment operating income
  
21.0
   
9.2
   
66.7
   
52.4
 
Corporate and eliminations
  
(5.5
)
  
(8.3
)
  
(19.2
)
  
(21.9
)
Operating income
 
$
15.5
  
$
0.9
  
$
47.5
  
$
30.5
 

  
December 31, 2014
  
March 31, 2014
 
Total assets:
    
North America
 
$
217.2
  
$
218.1
 
Europe
  
311.3
   
367.9
 
South America
  
62.9
   
80.1
 
Asia
  
91.1
   
92.8
 
Building HVAC
  
148.4
   
132.7
 
Corporate and eliminations
  
133.8
   
140.7
 
Total assets
 
$
964.7
  
$
1,032.3