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Investment in Affiliate | 12 Months Ended
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Mar. 31, 2018
Investment in Affiliate [Abstract] |
Investment in Affiliate |
Note 11: | Investment in Affiliate
The Company owns 50 percent of Nikkei Heat Exchanger Company, Ltd. (“NEX”). The Company accounts for its investment in this non-consolidated affiliate using the equity method. At March 31, 2018 and 2017, the Company included its investment in NEX of $3.6 million and $3.3 million, respectively, within other noncurrent assets on the consolidated balance sheets. At March 31, 2018, the investment in NEX is equal to the Company's investment in the underlying assets. The Company reports its equity in earnings from NEX within other income and expense in the consolidated statements of operations, using a one-month reporting delay. The Company’s share of NEX’s earnings for the years ended March 31, 2018, 2017, and 2016 was $0.2 million, $0.1 million, and $0.1 million, respectively.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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