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v3.25.1

Other Income and Expense | 12 Months Ended
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Mar. 31, 2025
Other Income and Expense |
Other Income and Expense | Note 7: Other Income and Expense Other income and expense consisted of the following:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Years ended March 31,
​ |  | 2025 |  | 2024 |  | 2023
Interest income | ​ | $ | 2.7 | ​ | $ | 4.3 | ​ | $ | 1.3
Foreign currency transactions (a) | ​ |  | (1.2) | ​ |  | (3.0) | ​ |  | (3.7)
Net periodic benefit cost (b) | ​ |  | (4.6) | ​ |  | (3.3) | ​ |  | (2.0)
Total other expense – net | ​ | $ | (3.1) | ​ | $ | (2.0) | ​ | $ | (4.4)
____ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
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(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 transactions denominated in a foreign currency and intercompany loans, along with gains and losses on foreign currency exchange contracts.
(b) | Net periodic benefit cost for the Company’s pension and postretirement plans is exclusive of service cost.

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- Definition The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 610 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//610/tableOfContent Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 720 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//720/tableOfContent + Details
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