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Other Income and Expense (Tables) | 12 Months Ended
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Mar. 31, 2016
Other Income and Expense [Abstract] |
Other income and expense | Other income and expense consisted of the following:
|  | Years ended March 31,
|  | 2016 |  | 2015 |  | 2014
Equity in earnings of non-consolidated affiliate |  | $ | 0.1 |  |  | $ | 0.6 |  |  | $ | 0.7 |
Interest income |  |  | 0.4 |  |  |  | 0.5 |  |  |  | 0.5 |
Foreign currency transactions (a) |  |  | (1.3 | ) |  |  | (0.9 | ) |  |  | (2.0 | )
Gain from insurance recovery (b) |  |  | 9.5 |  |  |  | - |  |  |  | - |
Total other income (expense) - net |  | $ | 8.7 |  |  | $ | 0.2 |  |  | $ | (0.8 | )
| (a) | Foreign currency transactions primarily consist of foreign currency transaction gains and losses on the re-measurement or settlement of foreign currency-denominated assets and liabilities, including intercompany loans and transactions denominated in a foreign currency, along with gains and losses on foreign currency exchange contracts.
| (b) | During fiscal 2016, the Company settled an insurance claim related to machinery and equipment destroyed in a fire at its Airedale facility and recorded a gain of $9.5 million. See Note 2 for additional information.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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