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Goodwill and Intangible Assets (Tables) | 9 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets [Abstract] |
Changes in Carrying Amount of Goodwill | The following table presents a roll forward of the carrying value of goodwill from March 31, 2023 to December 31, 2023.
|  | Climate Solutions |  |  | Performance Technologies |  |  | Total |
Goodwill, March 31, 2023 |  | $ | 105.7 |  |  | $ | 59.9 |  |  | $ | 165.6 |
Acquisition (disposition) (a) |  |  | 1.0 |  |  |  | (0.7 | ) |  |  | 0.3 |
Effect of exchange rate changes |  |  | 0.7 |  |  |  | 0.1 |  |  |  | 0.8 |
Goodwill, December 31, 2023 |  | $ | 107.4 |  |  | $ | 59.3 |  |  | $ | 166.7 |
| (a) | During the second quarter of fiscal 2024, the Company recorded $1.0 million of goodwill in connection with its acquisition of Napps. In addition, the Company wrote-off $0.7 million of goodwill in connection with the sale of two coatings facilities. See Note 2 for additional information.
Intangible Assets | Intangible assets consisted of the following:
|  | December 31, 2023 |  |  | March 31, 2023 |
|  | Gross |  |  |  |  |  | Net |  |  | Gross |  |  |  |  |  | Net |
|  | Carrying |  |  | Accumulated |  |  | Intangible |  |  | Carrying |  |  | Accumulated |  |  | Intangible |
|  | Value |  |  | Amortization |  |  | Assets |  |  | Value |  |  | Amortization |  |  | Assets |
Customer relationships |  | $ | 63.3 |  |  | $ | (26.4 | ) |  | $ | 36.9 |  |  | $ | 60.3 |  |  | $ | (23.4 | ) |  | $ | 36.9 |
Trade names |  |  | 50.3 |  |  |  | (17.8 | ) |  |  | 32.5 |  |  |  | 50.1 |  |  |  | (15.9 | ) |  |  | 34.2 |
Acquired technology |  |  | 23.2 |  |  |  | (14.2 | ) |  |  | 9.0 |  |  |  | 22.6 |  |  |  | (12.6 | ) |  |  | 10.0 |
Total intangible assets |  | $ | 136.8 |  |  | $ | (58.4 | ) |  | $ | 78.4 |  |  | $ | 133.0 |  |  | $ | (51.9 | ) |  | $ | 81.1 |

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