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Subsequent Events | 6 Months Ended
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Sep. 30, 2018
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Events On October 29, 2018, the Company entered into an agreement to acquire all issued and outstanding shares and certain assets of select entities belonging to the Alpha Group (“Alpha”). Based in Bellingham, Washington, Alpha is a global industry leader in the comprehensive commercial-grade energy solutions for broadband, telecom, renewable, industrial and traffic customers around the world. Of the total purchase consideration of $750 million, $650 million will be payable in cash, with the remaining $100 million being payable in either cash or the Company's shares. The cash consideration will be funded using cash, existing credit facilities and new debt while any consideration payable in shares will be issued from the Company's treasury stock. The transaction is estimated to close in the next thirty (30) to sixty (60) days, subject to the satisfaction of customary closing conditions. On November 7, 2018, the Board of Directors approved a quarterly cash dividend of $0.175 per share of common stock to be paid on December 28, 2018, to stockholders of record as of December 14, 2018.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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