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Derivative Instruments (Tables)

12 Months Ended

Mar. 31, 2025

Derivative Instruments.

Derivative Financial Instruments Recorded in Consolidated Balance Sheets

The fair value of the Company’s derivative financial instruments recorded in the consolidated balance sheets were as follows:

​	​	​	​	​	​	​	​	​
​		Balance Sheet Location		March 31, 2025			March 31, 2024
Derivatives designated as hedges:				​			​
Commodity derivatives		Other current assets	​	$	0.1	​	$	—
Foreign exchange contracts		Other current liabilities	​	​	0.7	​	​	—
Foreign exchange contracts		Other current assets	​	​	—	​	​	0.1
​	​	​	​	​	​	​	​	​
Derivatives not designated as hedges:			​		​	​
Foreign exchange contracts		Other current liabilities	​	$	0.4	​	$	0.3

Derivative Financial Instruments Designated for Hedge Accounting

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The amounts associated with derivative financial instruments that the Company designated for hedge accounting during the years ended March 31 were as follows:

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Gain (loss) recognized in

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Statement of

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Gain (loss) reclassified

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other comprehensive income

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Operations

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from AOCI

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2025

2024

2023

Location

2025

2024

2023

Commodity derivatives

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$

0.2

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$

(0.3)

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$

(1.6)

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Cost of sales

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$

—

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$

(0.3)

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$

(1.0)

Foreign exchange contracts

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(0.8)

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0.3

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1.6

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Net sales

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0.1

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1.3

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0.6

Foreign exchange contracts

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(0.3)

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0.1

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0.4

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Cost of sales

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—

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—

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0.7

Total (losses) gains

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$

(0.9)

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$

0.1

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$

0.4

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$

0.1

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$

1.0

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$

0.3

Derivative Financial Instruments Not Designated for Hedge Accounting

The amounts associated with derivative financial instruments that the Company did not designate for hedge accounting were as follows:

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Statement of Operations

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Years ended March 31,

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Location

2025

2024

2023

Foreign exchange contracts

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Net sales

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$

—

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$

(0.9)

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$

(0.5)

Foreign exchange contracts

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Other expense – net

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(2.4)

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(1.0)

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(2.6)

Total losses

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$

(2.4)

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$

(1.9)

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$

(3.1)

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X

- References

No definition available.

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4E
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A

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- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B

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- Definition

Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 4CC
-SubTopic 10
-Topic 815
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480434/815-10-50-4CC

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