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Goodwill | 12 Months Ended
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Mar. 31, 2017
Goodwill [Abstract] |
Goodwill | Note 13: Goodwill Changes in the carrying amount of goodwill, by segment and in the aggregate, were as follows:
|  | Asia |  |  | BHVAC |  |  | CIS |  |  | Total |
Balance, March 31, 2015 |  | $ | 0.5 |  |  | $ | 15.7 |  |  | $ | - |  |  | $ | 16.2 |
Effect of exchange rate changes |  |  | - |  |  |  | (0.4 | ) |  |  | - |  |  |  | (0.4 | )
Balance, March 31, 2016 |  |  | 0.5 |  |  |  | 15.3 |  |  |  | - |  |  |  | 15.8 |
Acquired Goodwill |  |  | - |  |  |  | - |  |  |  | 150.6 |  |  |  | 150.6 |
Effect of exchange rate changes |  |  | - |  |  |  | (1.6 | ) |  |  | 0.3 |  |  |  | (1.3 | )
Balance, March 31, 2017 |  | $ | 0.5 |  |  | $ | 13.7 |  |  | $ | 150.9 |  |  | $ | 165.1 |
As a result of its acquisition of Luvata HTS, the Company recorded $150.6 million of goodwill. See Note 2 for additional information. The Company assesses goodwill for impairment annually, or more frequently if events or circumstances change that would, more likely than not, reduce the fair value of a reporting unit below its carrying value. The Company conducted its annual assessment for goodwill impairment during the fourth quarter of fiscal 2017 for its BHVAC and Asia segments, by applying a fair value-based test, and determined that the fair value of its reporting units exceeded their respective book values. The Company will perform goodwill impairment testing for its recently-acquired CIS segment beginning in fiscal 2018. At both March 31, 2017 and 2016, accumulated goodwill impairment losses totaled $31.6 million and $8.7 million within the Americas and Europe segments, respectively.

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