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Other Income and Expense (Details) - USD ($)
$ in Millions
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Other Income and Expense [Abstract]    
Interest income $ 0.3 $ 0.1
Foreign currency transactions [1] 0.5 (0.6)
Net periodic benefit cost [2] (0.8) (0.7)
Equity in earnings of non-consolidated affiliate [3] 0.0 0.1
Total other income (expense) - net $ 0.0 $ (1.1)
[1] 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 certain foreign currency exchange contracts.
[2] Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.
[3] The Company sold its ownership interest in Nikkei Heat Exchanger Company, Ltd. during the second quarter of fiscal 2020.