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Segment Information (Tables) | 6 Months Ended
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Sep. 30, 2017
Segment Information [Abstract] |
Net sales, gross profit, operating income and total assets by segment: | The following is a summary of net sales, gross profit, operating income, and total assets by segment. In fiscal 2018, the Company adopted new accounting guidance related to the income statement presentation of pension and postretirement costs. Accordingly, the Company recast the comparable fiscal 2017 segment financial results to conform to the current-period presentation. See Note 1 for additional information on this new accounting guidance.
|  | Three months ended September 30, |  |  | Six months ended September 30, |
Net sales: |  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Americas |  | $ | 141.9 |  |  | $ | 126.0 |  |  | $ | 290.2 |  |  | $ | 266.0 |
Europe |  |  | 134.5 |  |  |  | 123.9 |  |  |  | 270.8 |  |  |  | 269.9 |
Asia |  |  | 39.5 |  |  |  | 24.7 |  |  |  | 74.9 |  |  |  | 49.6 |
Commercial and Industrial Solutions |  |  | 149.2 |  |  |  | - |  |  |  | 306.7 |  |  |  | - |
Building HVAC |  |  | 48.8 |  |  |  | 45.7 |  |  |  | 91.8 |  |  |  | 85.6 |
Segment total |  |  | 513.9 |  |  |  | 320.3 |  |  |  | 1,034.4 |  |  |  | 671.1 |
Corporate and eliminations |  |  | (5.6 | ) |  |  | (2.6 | ) |  |  | (10.6 | ) |  |  | (6.2 | )
Net sales |  | $ | 508.3 |  |  | $ | 317.7 |  |  | $ | 1,023.8 |  |  | $ | 664.9 |
|  | Three months ended September 30, |  |  | Six months ended September 30, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Gross profit: |  | $'s |  |  | % of sales |  |  | $'s |  |  | % of sales |  |  | $'s |  |  | % of sales |  |  | $'s |  |  | % of sales |
Americas |  | $ | 21.5 |  |  |  | 15.2 | % |  | $ | 15.9 |  |  |  | 12.6 | % |  | $ | 48.0 |  |  |  | 16.6 | % |  | $ | 41.1 |  |  |  | 15.5 | %
Europe |  |  | 19.6 |  |  |  | 14.5 | % |  |  | 16.4 |  |  |  | 13.2 | % |  |  | 38.9 |  |  |  | 14.4 | % |  |  | 41.7 |  |  |  | 15.4 | %
Asia |  |  | 7.4 |  |  |  | 18.9 | % |  |  | 3.7 |  |  |  | 14.9 | % |  |  | 13.7 |  |  |  | 18.3 | % |  |  | 8.1 |  |  |  | 16.2 | %
Commercial and Industrial Solutions |  |  | 22.5 |  |  |  | 15.1 | % |  |  | - |  |  |  | - |  |  |  | 47.8 |  |  |  | 15.6 | % |  |  | - |  |  |  | - |
Building HVAC |  |  | 14.9 |  |  |  | 30.5 | % |  |  | 11.8 |  |  |  | 25.8 | % |  |  | 26.0 |  |  |  | 28.3 | % |  |  | 21.8 |  |  |  | 25.5 | %
Segment total |  |  | 85.9 |  |  |  | 16.7 | % |  |  | 47.8 |  |  |  | 14.9 | % |  |  | 174.4 |  |  |  | 16.9 | % |  |  | 112.7 |  |  |  | 16.8 | %
Corporate and eliminations |  |  | 0.2 |  |  |  | - |  |  |  | 0.2 |  |  |  | - |  |  |  | 0.2 |  |  |  | - |  |  |  | (2.4 | ) |  |  | - |
Gross profit |  | $ | 86.1 |  |  |  | 17.0 | % |  | $ | 48.0 |  |  |  | 15.1 | % |  | $ | 174.6 |  |  |  | 17.1 | % |  | $ | 110.3 |  |  |  | 16.6 | %
|  | Three months ended September 30, |  |  | Six months ended September 30, |
Operating income: |  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Americas |  | $ | 7.8 |  |  | $ | (1.1 | ) |  | $ | 19.9 |  |  | $ | 8.5 |
Europe |  |  | 8.6 |  |  |  | 7.0 |  |  |  | 16.5 |  |  |  | 22.3 |
Asia |  |  | 4.2 |  |  |  | 0.8 |  |  |  | 7.5 |  |  |  | 2.3 |
Commercial and Industrial Solutions |  |  | 8.1 |  |  |  | - |  |  |  | 18.9 |  |  |  | - |
Building HVAC |  |  | 6.3 |  |  |  | 2.8 |  |  |  | 9.4 |  |  |  | 3.7 |
Segment total |  |  | 35.0 |  |  |  | 9.5 |  |  |  | 72.2 |  |  |  | 36.8 |
Corporate and eliminations |  |  | (11.5 | ) |  |  | (10.6 | ) |  |  | (21.1 | ) |  |  | (22.1 | )
Operating income (loss) |  | $ | 23.5 |  |  | $ | (1.1 | ) |  | $ | 51.1 |  |  | $ | 14.7 |
|  | September 30, 2017 |  |  | March 31, 2017 |
Total assets: |  |  |  |  |  |
Americas |  | $ | 289.9 |  |  | $ | 282.9 |
Europe |  |  | 311.0 |  |  |  | 269.4 |
Asia |  |  | 125.1 |  |  |  | 111.3 |
Commercial and Industrial Solutions |  |  | 602.0 |  |  |  | 576.0 |
Building HVAC |  |  | 92.7 |  |  |  | 85.2 |
Corporate and eliminations |  |  | 117.3 |  |  |  | 124.7 |
Total assets |  | $ | 1,538.0 |  |  | $ | 1,449.5 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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