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Other Income and Expense
 12 Months Ended
Mar. 31, 2017
Other Income and Expense [Abstract]  
Other Income and Expense
Note 6:  Other Income and Expense

Other income and expense consisted of the following:

  
Years ended March 31,
 
  
2017
  
2016
  
2015
 
Equity in earnings of non-consolidated affiliate
 
$
0.1
  
$
0.1
  
$
0.6
 
Interest income
  
0.4
   
0.4
   
0.5
 
Foreign currency transactions (a)
  
(1.9
)
  
(1.3
)
  
(0.9
)
Gain from insurance recovery (b)
  
-
   
9.5
   
-
 
Total other (expense) income - net
 
$
(1.4
)
 
$
8.7
  
$
0.2
 
 
(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 1 for additional information.